Trading Fees Explained
Last updated
Last updated
Buy Trading Fees:
2.0% - LP 1.0% - CIF 2% - Treasury 1% - Burning Pit
Sell Trading Fees:
3% - LP 1% - CIF 3% - Treasury 1% - Burning Pit
Placement:
LP - Trading fees goes to backing the liquidity of the BNB/FUTURE pair on PancakeSwap ensuring an ever-increasing collateral value of $FUTR.
CIF - Trading fees are stored in the FUTURE Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.
Treasury - Trading fees go directly to the treasury which supports the SIF and provides a marketing budget for FUTURE and funds new product development.
Burning Pit - 3% of all $FUTR traded are burnt in the Burning Pit. The more that is traded, the more get put into the fire causing the burning pit to grow in size, more and more through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $FUTR and keeping the FUTURE protocol stable.