DAOREX Trading Fees

DAOREX buy and sell fees are an important component of the DAP. They provide capital for performing critical functions to the protocol.

Other protocols utilize selling bonds to support the same functions as DAOREX trading fees, but we believe that approach is riskier because if bonds are not purchased, the token can lose its support and spiral downward in price as we have seen with several of these bond based protocols.

DAOREX Trading Fees allow the DAP to provide $REX holders with the stable high yield of 420,690.88% annually.

Buy Trading Fees:

4.0% - DAOREX Automatic LP 4.0% - LP Stakers 5.0% - DIF 2.0% - DAOREX Treasury 3.0% - DAOREX Burner

Sell Trading Fees:

4.0% - DAOREX Automatic LP 4.0% - LP Stakers 5.0% - DIF 4.0% - DAOREX Treasury 3.0% - DAOREX Burner

Placement:

  • DAOREX Automatic LP - Trading fees goes to backing the liquidity of the REX/AVAX pair ensuring an ever-increasing collateral value of $REX.

  • LP Stakers - Users provide LP to the $REX/$AVAX pool and earn rewards, as one key part of the DAOREX protocol is that it rewards Liquidity Providers - making the protocol safer and sustainable to volatility.

  • DIF - Trading fees are stored in the DAOREX Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

  • DAOREX Treasury - Trading fees go directly to the treasury which supports the DIF and provides a marketing budget for DAOREX and funds new product development and investments.

  • DAOREX Burner - 3.0% of all $REX traded are burnt in the DAOREX Burner. The more $REX it is traded, the more get burned by the DAOREX Burner, reducing the circulating supply and keeping the DAOREX protocol stable.

12% of all trading fees are stored in the DAOREX Insurance Fund. (5% of trading fees will help sustain the protocol and back the staking rewards by maintaining price stability; 4% will be paid to the LP Stakers; 3% will be burned to prevent circulation supply getting out of hand.)

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