ANNOUNCEMENT - Change in the Distribution Structure of the V2 Trading Fees. Dear Palmians,.
10 Jul 2023, 21:05
ANNOUNCEMENT - Change in the Distribution Structure of the V2 Trading Fees
Dear Palmians,
We are thrilled to announce a change in the distribution structure of trading fees on the Palmswap trading platform.
Our goal has always been to provide the best possible experience for our users and to continuously evolve in the ever-changing landscape of the blockchain space. With this change, we aim to bring new innovations to the Palmswap platform and ensure a more sustainable and future-proof approach for our community.
Previously, the distribution structure allocated 30% of trading fees to PALM Stakers, 60% to PLP Stakers, and 10% to burning PALM tokens. However, after careful consideration and planning, we have made adjustments to the allocations to make Palmswap compete head-to-head with the best DEXs and DeFi platforms in the crypto space. The revised structure will distribute trading fees as follows:
- 25% to PALM Stakers
- 50% to PLP Stakers
- 15% to the Palmswap treasury
- 10% for burning PALM tokens
The inclusion of the Palmswap treasury in the distribution structure marks an important milestone for the growth and development of our platform. The funds allocated to the treasury will be utilized to drive further advancements, improve our security, run bug bounties, and bring exciting new features and innovations to the Palmswap ecosystem.
This change enables us to stay ahead in the rapidly evolving blockchain space, providing our traders with a cutting-edge experience and empowering them to use the most advanced perpetual DEX trading platform in the world. The fee structure can be later revised and restructured after we will implement governance mechanisms next year.
We believe that this adjusted distribution structure will foster a more sustainable and balanced ecosystem for our community. By allocating a portion of the trading fees to the Palmswap treasury, we can invest in research, development, and partnerships that will enhance the overall user experience and ensure the long-term success of Palmswap.
We appreciate your continued support and trust in Palmswap as we embark on this new phase of growth and innovation. We remain committed to delivering a top-tier trading platform that empowers our users to achieve their financial goals.
Together, let us shape the future of decentralized finance. πͺ
If you have any questions or feedback regarding this distribution structure change, please feel free to reach out to us at any time.
See you all on July 14 for Palmswap Liquidity Program Launch! π₯
Best Wishes,
Team Palmswap
Same news in other sources
2PalmswapPALM #9379
11 Jul 2023, 11:33
π’Hello everyone, the Core Team has just confirmed the start time of the Liquidity Program: 2pm UTC.
Hello everyone, the Core Team has just confirmed the start time of the Liquidity Program: 2pm UTC.
π’Hello everyone, the Core Team has just confirmed the start time of the Liquidity Program: 2pm UTC.
PalmswapPALM #9379
10 Jul 2023, 21:08
ANNOUNCEMENT - Change in the Distribution Structure of the V2 Trading Fees
Dear Palmians,
We are thrilled to announce a change in the distribution structure of trading fees on the Palmswap trading platform.
Our goal has always been to provide the best possible experience for our users and to continuously evolve in the ever-changing landscape of the blockchain space. With this change, we aim to bring new innovations to the Palmswap platform and ensure a more sustainable and future-proof approach for our community.
Previously, the distribution structure allocated 30% of trading fees to PALM Stakers, 60% to PLP Stakers, and 10% to burning PALM tokens. However, after careful consideration and planning, we have made adjustments to the allocations to make Palmswap compete head-to-head with the best DEXs and DeFi platforms in the crypto space. The revised structure will distribute trading fees as follows:
- 25% to PALM Stakers
- 50% to PLP Stakers
- 15% to the Palmswap treasury
- 10% for burning PALM tokens
The inclusion of the Palmswap treasury in the distribution structure marks an important milestone for the growth and development of our platform. The funds allocated to the treasury will be utilized to drive further advancements, improve our security, run bug bounties, and bring exciting new features and innovations to the Palmswap ecosystem.
This change enables us to stay ahead in the rapidly evolving blockchain space, providing our traders with a cutting-edge experience and empowering them to use the most advanced perpetual DEX trading platform in the world. The fee structure can be later revised and restructured after we will implement governance mechanisms next year.
We believe that this adjusted distribution structure will foster a more sustainable and balanced ecosystem for our community. By allocating a portion of the trading fees to the Palmswap treasury, we can invest in research, development, and partnerships that will enhance the overall user experience and ensure the long-term success of Palmswap.
We appreciate your continued support and trust in Palmswap as we embark on this new phase of growth and innovation. We remain committed to delivering a top-tier trading platform that empowers our users to achieve their financial goals.
Together, let us shape the future of decentralized finance. πͺ
If you have any questions or feedback regarding this distribution structure change, please feel free to reach out to us at any time.
See you all on July 14 for Palmswap Liquidity Program Launch! π₯
Best Wishes,
Team Palmswap
ANNOUNCEMENT - Change in the Distribution Structure of the V2 Trading Fees. Dear Palmians,.
ANNOUNCEMENT - Change in the Distribution Structure of the V2 Trading Fees
Dear Palmians,
We are thrilled to announce a change in the distribution structure of trading fees on the Palmswap trading platform.
Our goal has always been to provide the best possible experience for our users and to continuously evolve in the ever-changing landscape of the blockchain space. With this change, we aim to bring new innovations to the Palmswap platform and ensure a more sustainable and future-proof approach for our community.
Previously, the distribution structure allocated 30% of trading fees to PALM Stakers, 60% to PLP Stakers, and 10% to burning PALM tokens. However, after careful consideration and planning, we have made adjustments to the allocations to make Palmswap compete head-to-head with the best DEXs and DeFi platforms in the crypto space. The revised structure will distribute trading fees as follows:
- 25% to PALM Stakers
- 50% to PLP Stakers
- 15% to the Palmswap treasury
- 10% for burning PALM tokens
The inclusion of the Palmswap treasury in the distribution structure marks an important milestone for the growth and development of our platform. The funds allocated to the treasury will be utilized to drive further advancements, improve our security, run bug bounties, and bring exciting new features and innovations to the Palmswap ecosystem.
This change enables us to stay ahead in the rapidly evolving blockchain space, providing our traders with a cutting-edge experience and empowering them to use the most advanced perpetual DEX trading platform in the world. The fee structure can be later revised and restructured after we will implement governance mechanisms next year.
We believe that this adjusted distribution structure will foster a more sustainable and balanced ecosystem for our community. By allocating a portion of the trading fees to the Palmswap treasury, we can invest in research, development, and partnerships that will enhance the overall user experience and ensure the long-term success of Palmswap.
We appreciate your continued support and trust in Palmswap as we embark on this new phase of growth and innovation. We remain committed to delivering a top-tier trading platform that empowers our users to achieve their financial goals.
Together, let us shape the future of decentralized finance. πͺ
If you have any questions or feedback regarding this distribution structure change, please feel free to reach out to us at any time.
See you all on July 14 for Palmswap Liquidity Program Launch! π₯
Best Wishes,
Team Palmswap