Fee update: Starting today, $SNDK, $ANTHROPIC and $OIL are in Growth Mode for all users, with 0 bps maker fees and 0.6–1.5 bps taker fees. All Growth Mode discounts are now applied at the time of trade rather than paid as rebates.
Users who deposited before August 24 will continue to have access to all 19 Growth Mode markets, with discounts applied at the time of trade.
starting to think one of the best use cases for crypto tokens is actually pretty simple.
reward the people who were there early.
especially with exchanges. your first users take the most risk, provide liquidity, find bugs, give feedback and basically help build the product with you.
yet if the exchange becomes massive, almost all of that upside normally goes to the company.
tokens, points and airdrops change that.
the interesting question:
how much of the upside should go to the company, and how much should go to the users who helped get it there in the first place?
@Kopf__@im_insulting@annanay something like that certainly wouldn’t happen.
your account is only required to be KYC’d if it is operated from a restricted location.