Perps - Settlement Costs

To settle on SYMMIO there is a plattform fee that is charged for each executed bilateral agreement,

Program Overview

This program aims to provide a significant fee rebate to subnets, incentivizing increased $SYMM holdings. This will, in turn, drive the overall growth of SYMMIO.

Here is an outline of our current model: Currently the perps profit sharing model works on an

Monthly Volume$SYMM Holdings in %Settlement costs in %

$10,000,000 ($10M)

0.0625%

70%

$25,000,000 ($25M)

0.125%

60%

$50,000,000 ($50M)

0.25%

50%

$100,000,000 ($100M)

0.5%

40%

$1,000,000,000 ($1B)

1%

30%

$10,000,000,000 ($10B)

2%

20%

$30,000,000,000 ($30B)

4%

15%

EXAMPLE A - VOLUME based:

Frontend A generated 10M in monthly volume it receives a 30% fee rebate. EXAMPLE B - $SYMM Holding based:

Fontend B locked 0.5% of the circulating $SYMM Supply into an NFT, it receives a 60% fee rebate.

Please note that these thresholds are subject to adjustment, and we aim to optimize them in the best interest of our frontend partners and the wider SYMMIO network.

Early Adopter Program

We understand early adopters' crucial role in successfully growing and adopting new technologies. To appreciate and reward this, we are launching an "Early Adopter Program" where the first five frontends will be given special deals to push our adoption at the beginning.

During the Early Adopter Program, Frontends will start earning 60% of the profit right away.

Early adopter Frontends:

FrontendFrontend ShareProtocol ShareService Fee
  1. Thena

60%

40%

0%

  1. Based Markets

60%

40%

0%

  1. IntentX

60%

40%

0%

  1. CORE (serviced)

51%

34%

15%

Final Note

By creating this Fee Sharing Program, we aim to foster an ecosystem where collaboration and mutual growth are at the forefront. We firmly believe that this symbiotic relationship with frontends will enhance the overall strength, stability, and prosperity of the SYMMIO network.

We encourage all frontends to participate in this program and join us in revolutionizing the SYMMIO landscape.

For any further information, please check out our

SDK - SYMM client

Hedger documentation

Technical Documentation

or contact us via Discord https://discord.gg/invite/symmio or email us at info@symm.io

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