Fee
Palmswap uses a new fee model to determine its trading fees adjusted to the AMM.
Volume Weighted Fee Schedule (30D Volume)
Tier
Volume (last 30 days)
Fee
1
< 500,000
0.100%
2
β‰₯ 500,000
0.090%
3
β‰₯ 1,000,000
0.080%
4
β‰₯ 5,000,000
0.075%
5
β‰₯ 10,000,000
0.070%
6
β‰₯ 50,000,000
0.050%
7
β‰₯ 100,000,000
0.025%
Trading Fee Discounts
PALM stakers receive a trading fee discount based on the size of their current Staking Balance.
Tier
Staking Balance
Discount
1
β‰₯ 500
2.5%
2
β‰₯ 5,000
5%
3
β‰₯ 10,000
10%
4
β‰₯ 50,000
15%
5
β‰₯ 100,000
20%
6
β‰₯ 200,000
25%
7
β‰₯ 500,000
30%
​
What does Palmswap do with fees? 50% of trading fees are used to buyback and burn PALM. After that, the other 50% will be used to buy back and hold the PALM tokens in the Treasury.25% of Treasury will be used for insurance funds and the remaining 25% for protocol operations.
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