Palmswap
  • 📚Overview
  • 📖Get Started
    • Create a Wallet
    • Get BEP20 Tokens
    • Connect Your Wallet
  • 🛣️Roadmap
  • ❔FAQ
  • Protocol
    • 🌴Exchange
      • How to Trade
      • Orders
      • Use Orders
      • Leverage
      • Edit Collateral
      • Liquidation
      • Open Interest Limits
      • Trading Fees
      • Borrow Fee
    • 🌐Referral Program
  • Ecosystem
    • 🏎️Trade 2 Earn
    • 🍯Liquidity Providing (PLP)
    • 📈Staking
      • V1 to V2 Migration
    • ♻️Rewards Summary
  • Token Economy
    • 🤲PALM
      • $PALM Distribution
      • Burn
  • Developers
    • Architecture and Infrastructure
    • Smart Contracts
    • Audit
  • Brand & Logo
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On this page
  • Types of Rewards
  • Trading Fee Distribution
  • Trade 2 Earn Program for trader
  • Platform Rewards Flow Process
  1. Ecosystem

Rewards Summary

Types of Rewards

Rewards and incentives are offered to Palmswap Exchange holders, stakers and traders through various methods.

Trading Fee Distribution

The fees generated from the perpetual exchange are split according to:

  1. 40% in USDT

    -> PLP staker

  2. 30% in USDT

    -> PALM staker

  3. 10% in USDT -> Marketing and Growth

  4. 10% in USDT -> Product Innovation and Development

  5. 10% in USDT -> Buyback PLP

These rewards can be claimed at any time.

Additional inflow for the PLP Liquidity Pool

  1. Traders realized losses/gains

  2. Borrow fees (hourly)

  3. Liquidation fees

  4. Mint and Burn fees for PLP

These rewards cannot be claimed, they go into the liquidity pool (PLP) to increase and reinforce the price of the PLP.

Trade 2 Earn Program for trader

Traders are rewarded with PALM tokens every epoch, an epoch runs for 24 hours and afterwards traders can claim their tokens.

  • Epoch 1-30

    -> 500,000 PALM daily

  • Epoch 31-365

    -> 223,880 PALM daily

Platform Rewards Flow Process

PreviousV1 to V2 MigrationNextPALM

Last updated 1 year ago

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Trade 2 Earn