Ultron Foundation | Where do my fees go? | |
Ultron Swap charges a standard 0.3% Swap Fee. The distribution and utilization of the fee differ from other DEXs and contribute towards establishing a healthy and stable ecosystem. The Ultron chain gears towards stability in its ecosystem: the fee is divided into three amounts used for three different reward systems to achieve stability. For example, a swap of 100 USDT has a swap fee of 0.30. First, 0.17 is delegated as farming rewards, a great incentive for farmers, and provides additional project liquidity. Then, the 0.03 is streamed to the xULX pool creating additional utility for the project. This also creates APR rewards and participation in staking rewards regardless of which pair is swapped. Finally, the remaining 0.10 creates constant demand through Ultron’s unique buyback system, where ULX is bought directly from the exchange allowing more swaps and taking more coins out of circulation. | |
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Target State: New York Target City : Ellicottville Last Update : Jan 24, 2025 2:16 AM Number of Views: 72 | Item Owner : Ultron Foundation Contact Email: Contact Phone: (716) 699-8996 |
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