Fee

Palmswap uses a new fee model to determine its trading fees adjusted to the AMM.

Volume Weighted Fee Schedule (30D Volume)

Tier	Volume (last 30 days)	Fee
1	< 500,000	0.100%
2	≥ 500,000	0.090%
3	≥ 1,000,000	0.080%
4	≥ 5,000,000	0.075%
5	≥ 10,000,000	0.070%
6	≥ 50,000,000	0.050%
7	≥ 100,000,000	0.025%

Trading Fee Discounts

PALM stakers receive a trading fee discount based on the size of their current Staking Balance.

Tier	Staking Balance	Discount
1	≥ 500	2.5%
2	≥ 5,000	5%
3	≥ 10,000	10%
4	≥ 50,000	15%
5	≥ 100,000	20%
6	≥ 200,000	25%
7	≥ 500,000	30%

What does Palmswap do with fees? 50% of trading fees are used to buyback and burn PALM. After that, the other 50% will be used to buy back and hold the PALM tokens in the Treasury.25% of Treasury will be used for insurance funds and the remaining 25% for protocol operations.