Swap fees and discounts
The per-trade fee on Metal X Swap is 0.3% and is split as follows:
Liquidity incentives:
0.2% of every trade goes to the liquidity providers (LPs) of that pool.
XPR burns:
0.1% from every transaction are converted to XPR and burned at the end of each quarter. More on XPR burns here.
Discounts
Metal X Swap offers discounts based on the amount of XPR that is staked on the XPR Network.
| Staked XPR | Discount |
|---|---|
≥ 100,000 | 33% |
≥ 1,000,000 | 66% |
≥ 10,000,000 | 100% |
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