Fee Rebates
TradeConnect has implemented a connect fee model that funds the ongoing development and maintenance of the TradeConnect network. The connect fee also incentivizes traders to participate in the TradeConnect economy.
In contrast to traditional brokerages or exchanges which keep most - if not all - of the fees generated from trading activity, the TradeConnect network will rebate back 75% of all connect fees to active Makers and Takers on the network. Of the remaining 25%, 20% will be allocated to the network while the last 5% is held in a pool to incentivize longer-term supporters (Stakers) of our proprietary platform token, ThinkCoin (TCO).
AVG FX Completed
Trade Fee:
Example Trade Per Side:
1 FX 100K Lot
Connect Fee:
$8
Maker Pool:
$4
Taker Pool:
$2
Network/Staker Pool:
$2
Note: Number indicative of FX round turn fee (open and close)
To ensure fair and transparent distribution, all fees will be divided into two daily pools (for Makers and Takers) then distributed at a specified time each day.
Each participant’s daily allocation will be determined by the percentage of trading volume they completed that day relative to the total trading volume completed by all participants in their pool.
Example Based on Daily Connect Fees on 86.4K Trades
$691.200
Total Maker pool (50%):
$345.600
Total Taker pool (25%):
$172.800
Total Network/Staker pool (25%):
$172.800
Individual Maker/Taker Total Distribution Breakout
Individual Maker Rebate based on equal volume of 50 Makers:
$6912.00
Individual Taker Rebate based on equal volume of 2500 Takers:
$69.12
Maker
A network participant who is willing to buy and/or sell actively in a given market, often by offering up large block orders.
Maker Pools
This is the pool where fees for all the Maker trades done for the day are held in reserve.
Taker
A network participant who wants to place a trade on the network using a given price that is being offered.
Taker Pools
This is the pool where fees for all the Taker trades done for the day are held in reserve.
Staker
A network participant who allocates TCO to a monthly staking contract in consideration of receiving a distribution % of the stake pool.
Staker Pool
This is the pool where fees for staking will accumulate on a monthly basis until paid out to Stakers.
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e-mail: support@tradeconnect.io