New trading fee scheme that will flourish benefits to WAD holders
Hi WARDENers, 👋
Change is a heartbeat of growth, If we change nothing, nothing will change. So, something must be changed for better and more sustainable growth.
Even if there are changes happening along the way to Saturn, Warden’s purpose of fostering the communities is still and will always be the same.
We are updating the values behind the new trading fee scheme that would build WardenSwap’s competitive advantages in long-term growth. 💪
Previously, WardenSwap’s best rate platform applies a 0.1% fee for users but it is free of charge if users hold WAD at least 100 tokens.
With the new trading fee scheme, WardenSwap still applies a 0.1% fee but the privilege levels now depend on the number of WAD tokens that the users hold. There will be a significant increase in the number of ‘Fee Collectors’ which will be used to enhance WardenSwap’s power.
9 levels of new trading fee scheme: 🥳
This new trading fee scheme consists of 9 levels. Anyone who holds WAD tokens in a certain amount will get a discount on every trading as follows:
New trading fee scheme will be effective on 1 September 2021.
Buyback Program 💎
After the new trading fee scheme is effective, there will be more ‘Fee Collectors’ flowing in the platform constantly. The first 1 million dollars of ‘Fee Collectors’ from new ‘trading fee scheme’ will be used for buyback program which aims to add liquidity to WAD tokens.
With this healthy growth, Warden’s Tokennomic will be able to stay strong and able to find its way back to the community. This is to support long-term price stability and sustainable growth. 🚀
The key to a strong future for all WARDENers is the “sustainability in Warden’s ecosystem” .
