💳Fees

$TTRADE Utility

PNL Exiting fee - 5% from profitable positions will be deducted from earnings, and shared among token holders

Value Accrual from Fees - $TTRADE stakers and LP-ers earn 20% of trading fees charged by the protocol.

Governance/Voting - $TTRADE also acts as the governance token to vote on the direction of the protocol.

Protocol Fees

There are three types of fees that TaoTrade takes: There is a minimum 1.5 hour fee collected. 20% of fees collected go to the project treasury For referral: the trader receives 5% discount from the funding rate. The referred receives 5% of the fees calculated based on premiums received when the positions are closed. VIP referral status allows for 8% rebate to traders and 8% to referrers.