Perps - Settlement Costs
To settle perps on Symmio there is a plattform fee that is charged for each executed bilateral agreement.
Settlement Costs overview: Perpetual Products
Settlement cost for Endusers: 3 Basis Points
Settlement cost for Solvers: 0 Basis points
Settlement cost for Subnets (Frontends): reduced based on Table Settlement Cost reduction Table
Settlement Cost reduction Table
$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% (early adopters)
$1,000,000,000 ($1B)
0.75%
30%
$10,000,000,000 ($10B)
2%
20%
$30,000,000,000 ($30B)
2.5%
15%
EXAMPLE A - VOLUME based:
Frontend Builder A generated 10M in monthly volume it receives a 30% fee rebate. EXAMPLE B - $SYMM Holding based:
Frontend Builder B locked 0.5% of the circulating $SYMM Supply into an NFT, it receives a 60% fee rebate.
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 frontend builders will be given special deals to push our adoption at the beginning.
During the Early Adopter Program, Frontend Builders will start earning 60% of the profit right away.
Early adopter Frontend Builders:
Thena (serviced)
51%
34%
15%
Based Markets
60%
40%
0%
IntentX
70%
30%
0%
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 frontend builders will enhance the overall strength, stability, and prosperity of the SYMMIO network.
We encourage all frontend builders to participate in this program and join us in revolutionizing the SYMMIO landscape.
For any further information, please check out:
or contact us via Discord https://discord.gg/invite/symmio or email us at info@symm.io
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