Trading Fee Discount
Last updated
Last updated
Fee Rebates: Users performing transactions (e.g., deposits, withdrawals, purchases) pay trading fees, a portion of which is returned as a rebate in $NODO tokens. The rebate percentage varies by user tier or activity level.
Users pay trading fees in USDT when purchasing prediction market shares or binary options
A portion of these fees is eligible for rebates in NODO tokens
Rebates are calculated and distributed automatically after each trade
If trade < $10 → NODO tokens reward amount = 0
If trade >= $10 → NODO tokens reward amount = Trading Fee * Rate
Tier
$NODO staked
Rebate Rate
Min. trade size
Basic
0 - 999
10% trading fee rebate
10 USDT
Silver
1,000 - 4,999
20% trading fee rebate
10 USDT
Gold
5,000 - 9,999
30% trading fee rebate
10 USDT
Premium
10,000+
40% trading fee rebate
10 USDT
Trade Amount: 1,000 USDT
Trading Fee: 2% = 20 USDT
Rebate Calculation by Tier:
Basic: 20 × 0.1 = $2 worth of $NODO
Silver: 20 × 0.2 = $4 worth of $NODO
Gold: 20 × 0.3 = $6 worth of $NODO
Platinum: 20 × 0.4 = $8 worth of $NODO
Minimum Trading Amount: 10 USDT
Maximum Daily Rebate: $1,000 worth of $NODO tokens
Rebates are distributed within 24 hours of the trade
Users must maintain tier status for rebate eligibility
Cannot be combined with other discounts
Subject to available NODO token supply
Requires KYC verification
May be adjusted based on market conditions
This utility incentivizes ecosystem engagement by reducing trading costs. Mechanism:
Fee Rebates: Users performing transactions (e.g., deposits, withdrawals, purchases) pay trading fees, a portion of which is returned as a rebate in $NODO tokens. The rebate percentage varies by user tier or activity level.
Technical Implementation: Trading fees are calculated at transaction time via smart contracts, which then allocate rebates either directly to the user’s wallet or to a claimable rewards section. Holding $NODO may unlock GEM benefits, increasing rebates or unlocking premium services.
Fee Calculation: Trading fees are calculated at transaction time via a smart contract.
Rebate Allocation: The smart contract issues a rebate in $NODO tokens, which is either deposited directly into the user’s wallet or claimable in the rewards section.
Integration Points:
Transaction processing layer.
Token distribution module.
Key Feature: Users holding $NODO may also unlock GEM benefits, boosting their rebate or access to premium services.