Introducing a Fee Discount System for veSIS Holders

Symbiosis 👾
2 min readFeb 13, 2024

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The Symbiosis team is thrilled to announce the start of our new fee discount programme designed to show our appreciation for all the veSIS holders! It is thanks to you that Symbiosis is growing and developing, and it is your support we would like to celebrate by this revolutionary update.

We launched a special rewards system where one’s tier and fee discounts are determined by the amount of veSIS the client holds. The programme extends over L2 networks and covers swaps within these networks. Moreover, all veSIS holders thus get an opportunity to get partner incentives directly from the networks available at Symbiosis. It is now the way with our system, and Symbiosis is extremely proud to see our partners building an exclusive incentive system for our users as well.

The very idea has been unfolded within the framework of empowering the $SIS tribe by a variety of special perks and utility options. We wanted to create a scheme showing Symbiosis care about adaptability and scalability, and that led us to a dynamic set-up aiming at growing a happy beneficiary community.

In other words, the more veSIS you accumulate, the greater your rewards get.

  • 0+ veSIS — 5% off
  • 10+ veSIS — 10% off
  • 50+ veSIS — 15% off
  • 100+ veSIS — 20%
  • 500 veSIS — 30%
  • 1000 veSIS — 40%
  • 5000 veSIS — 50%
  • 10000 veSIS — 60%
Here is how it looks. The fee is shown below the transfer form and the route indicated, and there’s a bright green plaque showing the discount you get off or an offer to increase it. In this case, the maximum discount (60%) is applied.

Symbiosis is aimed at expressing its gratitude to each and every of its clients, regardless of the number of veSIS tokens they hold. It is understandable that the community is composed of individuals with diverse backgrounds and varying levels of involvement, and each member’s contribution is cherished. Whether you hold 5 or 50000 veSIS, your belief in Symbiosis is what drives the team forward and fuels its commitment to innovation and growth.

It is only by being and dreaming together, that we all can continue to build and grow.

Links and Hints

Everyone not having some veSIS at their disposal yet is welcome to get them via Symbiosis website.

If you are a holder already, your discount will be shown at the Swap page and applied to whatever swaps you’re going to be making from now on. Enjoy 🐙

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Symbiosis 👾
Symbiosis 👾

Written by Symbiosis 👾

Symbiosis is a cross-chain liquidity aggregation protocol. Best rates for any to any token swaps. EVM and non-EVM networks supported.

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