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# 🏛️ Business Model
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:::info
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Yellow Network is a project in development. Not all solutions presented in the following (sub)sections are implemented at this stage. The current, and all subsequent sub-pages, are subject to change.
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For more information, visit the [Roadmap](roadmap.md)
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:::
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Yellow Network is a non-profit project that seeks to solve the problem of truly decentralized trading by allowing participants to swap assets across different exchanges without having to rely on block creation. This brings all parties, exchanges, blockchains, and trading firms together, creating a network of brokerages and allowing for a more efficient trading infrastructure.
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Yellow Network is a non-profit project that seeks to solve the problem of truly decentralized trading by allowing participants to swap assets across different exchanges without having to rely on block creation. This brings all parties, exchanges, blockchains, and trading firms together, creating a network of brokerages and allowing for a more efficient trading infrastructure. Additionally, it unifies all chains into a virtual ledger layer to allow instant settlement and trade information exchange.
Our solutions suggest significant cost reduction in R\&D as well as infrastructure maintenance costs, allowing businesses inside the Yellow Network ecosystem to focus on their core operations and growth while at the same time enabling new revenue streams.
| <p><ahref="https://www.openware.com/product/opendax">OpenDAX</a><br/>Open source exchange software</p> | <ul><li>Ready to deploy </li><li>Free to use</li><li>Easy to setup, run and manage</li><li>Earn trading fees from end-users</li></ul> | Free |
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| <p><ahref="https://www.openware.com/product/neodax">NeoDAX</a><br/>Open source exchange software</p> | <ul><li>Ready to deploy </li><li>Free to use</li><li>Easy to setup, run and manage</li><li>Earn trading fees from end-users</li></ul> | Free |
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| <p><ahref="https://www.yellow.org/">Yellow Network</a><br/>P2P liquidity aggregation</p> | <ul><li>Earn liquidity provider fees</li><li>Access non-proprietary liquidity</li><li>Off-chain high-speed state channel network</li><li>Reduce counterparty risk through a fully automated settlement process</li></ul> | <p>Free<br/>(requires $YELLOW tokens)</p> |
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## Sustainable Token Ecosystem
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Our [$YELLOW](../../legacy/usdyellow/tokenomics.md) token serves as the gateway to Yellow Network. Participants of Yellow Network are required to lock $YELLOW in order to open trading channels with other brokers. 
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$YELLOW token margin accounts ensure accountability and prevent overexposure, thus significantly reducing counterparty risk when accessing non-proprietary assets. 
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Our [$YELLOW](../../legacy/usdyellow/tokenomics.md) token serves as the gateway to Yellow Network. Participant must lock $YELLOW to access the state-channel infrastructure.
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Yellow Network is a non-profit organization where market makers earn 100% of the liquidity provisioning fees. Our P2P technology allows brokers to define the [fees ](../../legacy/fees/)at their discretion, creating unprecedented fee transparency. 
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Participant collateral amount can be slashed in case of online dispute loss. Any participant can file a dispute against another participant for a filing fee. An independent arbitration board consult the audit trails available and enforce the outcome of the dispute which may result in a reputation fault, but also a token slash. Reputation and dispute are recorded on-chain in a participant registry.
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Yellow Network only charges a small settlement fee to users to fund the [Yellow Reserve Vault](../../legacy/yellow-reserve-vault.md) which serves to resolve settlement disputes and acts as a treasury for the Yellow Network ecosystem. With this approach, every participant contributes to safety and security.
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Transaction fees are collected from clearing and trading fees and collected into the Yellow Treasury Vault which implements buy-back mechanism of the YELLOW token to stabilize it's value throught liquidity provision.
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## Key Stakeholders
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***Existing Customers**\
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Over 50 exchanges are ready to engage with the beta launch of our native trading OpenDAX™ v4 trading platform with immediate effect. 
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Over 50 exchanges are ready to engage with the beta launch of our native trading NeoDAX v4 trading platform with immediate effect. 
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***Fintech Entrepreneurs**\
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For those interested in opening an exchange, our new solution fits every budget and is radically more simple than a standard centralized exchange. Head to [www.yellow.org](https://www.yellow.org/) for more information.
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## **Currencies and Markets**
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* The number of supported currencies depends on each broker. Brokers have the ability to add currencies and appropriate markets at their own discretion from the admin panel.
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***P2P trading is available to brokers only for approved markets and currencies with assets matching from both sides.**
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***Broker-to-Broker Trading is available to brokers only for approved markets and currencies with assets matching from both sides.**
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_**Note: A list of supported currencies and trading pairs will be made available shortly**_ 
The broker node is built with [OpenDAX™ WEB SDK](https://web-sdk.openware.com/?path=/story/getting-started--page), which offers reusable UI components for common exchange platform interfaces, including widgets.
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The broker node is built with [NeoDAX™ WEB SDK](https://web-sdk.openware.com/?path=/story/getting-started--page), which offers reusable UI components for common exchange platform interfaces, including widgets.
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All components come with a simple, modern design, and are customizable.
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The library leverages React state management tools such as providers, hooks, and utils to connect to the [OpenDAX™ WEB SDK](https://web-sdk.openware.com/?path=/story/getting-started--page) for JavaScript and pass data to the UI layer, simplifying state synchronization.
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The library leverages React state management tools such as providers, hooks, and utils to connect to the [NeoDAX™ WEB SDK](https://web-sdk.openware.com/?path=/story/getting-started--page) for JavaScript and pass data to the UI layer, simplifying state synchronization.
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Demo Version - [alpha.yellow.org](http://alpha.yellow.org/)
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Each broker has its own matching engine, called _Finex,_ a high-performance trading engine of the [OpenDAX™ crypto exchange software stack](https://www.openware.com/product/opendax). It is written in GO language for high throughput of orders and trades. The _Finex_ engine is the core component of the trading platform. It accepts or rejects orders, adds them to the order book, processes trades when orders match, and keeps a persistent state in the database. It prevents users from spending more funds than are available on their balance.
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Each broker has its own matching engine, called _Finex,_ a high-performance trading engine of the [NeoDAX™ crypto exchange software stack](https://www.openware.com/product/neodax). It is written in GO language for high throughput of orders and trades. The _Finex_ engine is the core component of the trading platform. It accepts or rejects orders, adds them to the order book, processes trades when orders match, and keeps a persistent state in the database. It prevents users from spending more funds than are available on their balance.
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Features supported in _Finex_ spot matching engine:
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***Stop-limit:** advanced limit order used to buy or sell a specific asset at a predefined limit. Contrary to the stop-loss order, a stop-limit order creates a limit order instead of buying the asset outright once the limit price is achieved. 
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***API Rate limit**: a rate limiter configurable depending on user roles; it can be configured at the API server level and the trading engine level
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***Bi-directional WebSocket API**: allows end-users and brokers' bots to create and cancel orders and be notified about trades in real-time
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*[**gRPC API** with JS and go libraries to speed up the development of bots](https://docs.openware.com/opendax/developers-guides/api-documentation/grpc-protocol)
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*[**gRPC API** with JS and go libraries to speed up the development of bots](https://docs.openware.com/neodax/developers-guides/api-documentation/grpc-protocol)
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## State Channel Technology <ahref="#gxnel8rqtpbo"id="gxnel8rqtpbo"></a>
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| Kickstart your local/worldwide brokerage business OR build a broker to buy/trade unique assets with features and performance of centralized exchanges, while funds are protected with smart-contract custody. | Enrich the number of supported assets and increase revenue streams with a low-friction legal framework. Wrapped tokens managed using state channel smart contracts provide access to diverse assets and unique markets. | Reduce the trade fees charged by the platform while holding $YELLOW tokens on your balance on Yellow-supported platforms. |
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_**The global strategy is to have 1,000+ nodes operating globally on the network by 2025.**_
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_**The global strategy is to have 1,000 nodes operating globally on the network by 2028.**_
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#### Key stakeholders are:
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***Existing Customers**
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Over 50 exchanges are ready to engage with the beta launch of OpenDAX™ v4 with the native Yellow Network integration immediately.
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Over 50 exchanges are ready to engage with the beta launch of NeoDAX™ v4 with the native Yellow Network integration immediately.
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Yellow is an umbrella brand, representing a conglomerate of fintech and blockchain product companies.
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Contributors to this project within the Yellow ecosystem are Openware (technology—OpenDAX™), Assetum (market-making), Yellow Capital (incubates and leads), Attirer (crypto marketing services).
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Contributors to this project within the Yellow ecosystem are Openware (technology—NeoDAX™), Assetum (market-making), Yellow Capital (incubates and leads), Attirer (crypto marketing services).
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We merge the multi-year crypto software development experience of Openware and Yellow’s success running a crypto exchange. This multi-structural practice allowed us to inspect numerous potential bottlenecks on both sides.
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Yellow Network is powered by Openware’s software; OpenDAX™. While OpenDAX™ brokerage software is free, connecting the node to liquidity streams (channels) requires staking the $YELLOW token—starting from 250,000 for 4 channels.
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Yellow Network is powered by Openware’s software; NeoDAX™. While NeoDAX™ brokerage software is free, connecting the node to liquidity streams (channels) requires staking the $YELLOW token—starting from 250,000 for 4 channels.
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We offer optional enterprise-grade support for node runners which is $240,000 per year.
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#### **About Openware, Inc.** 
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Cloud Software Engineering company with experience of over ten years of servicing European retail banks, shifting their focus entirely to the blockchain industry with the release of open-source modular platform [OpenDAX™](https://github.com/openware/opendax) for building digital asset trading systems. Over the past years, Openware has shipped over 150 trading platforms to their clients.
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Cloud Software Engineering company with experience of over ten years of servicing European retail banks, shifting their focus entirely to the blockchain industry with the release of open-source modular platform [NeoDAX™](https://github.com/openware/neodax) for building digital asset trading systems. Over the past years, Openware has shipped over 150 trading platforms to their clients.
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#### About Yellow.com, Inc. 
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**❓ Could you tell us about Yellow Incubator, what do they mainly work on?**
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Yellow Incubator is a vastly experienced team that advises, develops, and funds blockchain, crypto, DeFi, and NFT projects, providing seed investment, VC, and market making solutions. We finance solid projects that use OpenDAX™, reducing license costs for startups and getting equity. The company also counts Legal and Marketing teams. And we are always busy at our [blockchain incubator premises](https://www.youtube.com/watch?v=VoZLpTlSzds) in Chiang Mai, Thailand, known for its welcoming network of blockchain experts, entrepreneurs, and enthusiasts.
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Yellow Incubator is a vastly experienced team that advises, develops, and funds blockchain, crypto, DeFi, and NFT projects, providing seed investment, VC, and market making solutions. We finance solid projects that use NeoDAX™, reducing license costs for startups and getting equity. The company also counts Legal and Marketing teams. And we are always busy at our [blockchain incubator premises](https://www.youtube.com/watch?v=VoZLpTlSzds) in Chiang Mai, Thailand, known for its welcoming network of blockchain experts, entrepreneurs, and enthusiasts.
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### Business Model
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**❓ Is**[**Yellow.com**](http://yellow.com)**currently running as a CEX, or has L3(Yellow Network) been implemented?**
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[Yellow.com](http://yellow.com) is running OpenDAX™ V3; it uses our liquidity network v1 called XLN. The V4 update is expected in June-July of 2022.
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[Yellow.com](http://yellow.com) is running NeoDAX™ V3; it uses our liquidity network v1 called XLN. The V4 update is expected in June-July of 2022.
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**❓ When I use**[**Yellow.com**](http://yellow.com)**to deposit ETH, an ETH address is generated on the deposit page. If I deposit ETH to this address, what will happen later? When will the deposit amount appear on the assets page?**
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