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Trading Fees Explained
Buy Fees: 13%
- Liquidity Pool: 4%
- Risk Insurance Fund (RIF): 6%
- X13 Bank: 2%
- The Bonfire: 1%
Sell Fees: 17%
- Liquidity Pool: 4%
- Risk Insurance Fund: 6%
- X13 Treasury: 2%
- Reward For NFT Holder: 2%
- X13 Bank: 2%
- The Bonfire: 1%
Placement:
- Liquidity Pool - Trading fees go to backing the liquidity of the $X13/BNB pair on PancakeSwap ensuring an ever-increasing collateral value of $X13.
- X13 Risk Insurance Fund (RIF)- Trading fees are stored in the RIF which helps sustain and back the staking rewards provided by the positive rebase.
- The X13 Treasury - Trading fees go directly to X13 Treasury which supports the RIF and provides a marketing budget for $X13 and funds new product development.
- The Bonfire - 2% of all $X13 traded are burnt in the bonfire. The more that is traded, the more get put into the hole causing the black hole to grow in size, larger and larger through self-fulfilling auto-compounding which in return acts to reduce the circulating supply of $X13 and keeps the $X13 project stable.
Last modified 11mo ago