4.6. Stage 4: Fully Decentralized
Stage 4 will complete the decentralization process, by allowing each user to set up their JP Montana wallet with API credentials for their accounts on exchanges. Additionally, to the automated JP Montana Arbitrage algorithms, this will enable the users to create their own algorithms and execute orders at their will, independent from JP Montana Arbitrage’s trading pools. At this point, the resilience of JP Montana Arbitrage’s network will be so high that it cannot be turned off anymore. An entire ecosystem revolving around arbitrage trading will eventually emerge, since there will be demand for data aggregators, optimized algorithms, fine-tuned trading strategies and more. Nodes with physical proximity to exchanges or an appropriately fast internet connection will also add a high value to the network, where the respective payload will be distributed as reward to the closest nodes of the system.
As the JP Montana Arbitrage project progresses and reaches milestones, there will be more users, more liquid capital on exchanges for arbitrage trading, as well as more speed and resilience due to more nodes running in the network and a more and more decentralized network structure. This in turn will increase demand for JP Montana, because it is the key to access JP Montana Arbitrage’s trading platform. Even though the supply of JP Montana is not limited to a certain number, the newly available coins should not have a negative impact on the price, because demand is still surpassing supply.
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