# Pair Trading - Settlement costs

{% hint style="warning" %}
Pear Protocol exclusive Use Grant for Pair Trading version of Cloverfield.\
Currently Pear Protocol enjoys an exclusivity to be the only Subnet to use the dedicated Pair Trading version of Cloverfield via our [frontend-use-grants](https://docs.symm.io/legal-and-brand/terms-of-service-and-licensing/frontend-license/frontend-use-grants "mention").\
\
Other frontend builders are still able to build pair products ontop of our permissionless contracts from scratch.
{% endhint %}

## Settlement Costs overview: `Pair Trading`

Settlement cost for Endusers: `37,5 Basis Points`

Settlement cost for Solvers: `0 Basis points`\
\
Settlement cost for Pair trading Subnets (Frontend Builders): `reduced based on Table` [#settlement-cost-reduction-table](#settlement-cost-reduction-table "mention")

## Settlement Cost reduction Table

| 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)   | 0.75%               | 30%                   |
| $10,000,000,000 ($10B) | 1.15%               | 20%                   |
| $30,000,000,000 ($30B) | 1.5%                | 15%                   |

#### EXAMPLE A -  VOLUME based:&#x20;

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.**<br>

{% hint style="info" %}
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.\
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.
{% endhint %}

### 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 Fronter Builders:

| Frontend                        | Frontend Share | Protocol Share | Service Fee |
| ------------------------------- | -------------- | -------------- | ----------- |
| <ol><li>Pear Protocol</li></ol> | 70%            | 30%            | 0%          |

### Final Note

By creating this settlement cost reduction program for subnets, 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 our

[Broken link](https://docs.symm.io/solver-documentation/solver-trading-fees/broken-reference "mention")&#x20;

[solver-documentation](https://docs.symm.io/solver-documentation/solver-documentation "mention")

[Broken link](https://docs.symm.io/solver-documentation/solver-trading-fees/broken-reference "mention")&#x20;

or contact us via Discord [https://discord.gg/invite/symmio](https://discord.com/invite/symmio) or email us at <info@symm.io>
