Blockchain Params

It provides details about the fees and their destinations within the blockchain.

Here's a breakdown of each section:

Create Market Fee :

Fee Amount: 25,000 BZE

• Description:

• Users can create their own market pairs between two denominations.

• The process is permissionless and incurs a fee set by the blockchain.

• Pricing is controlled by the community and can be modified through a governance proposal.

  • The fee is directed to the community pool.

  • Users can suggest a lower fee or request a grant for the fee via Twitter or Discord.

Market Maker Fee

• Fee Amount: 0.001 BZE

• Description:

  • Charged to users who provide liquidity by placing limit orders that do not fill immediately.

  • Typically lower than taker fees to incentivize adding liquidity to the market.

  • Fees maintain operational integrity and enhance liquidity of the DEX.

  • Ensures smoother trading experiences for participants.

  • Can be adjusted via community governance proposal.

Market Taker Fee

• Fee Amount: 0.1 BZE

• Description:

  • Applied to trades executed against existing orders, effectively taking liquidity from the market.

  • Generally higher than maker fees to balance the ecosystem by encouraging liquidity provision.

  • Helps manage trade volume and pace, ensuring liquidity availability.

  • Can be revised through governance proposal.

Maker Fee Destination

• Destination: Burner Module

• Description:

  • Market fees can be directed to the Burner module for burning or to the community pool.

  • Fee redirection is permitted through a governance proposal.

  • Stakeholders decide the most beneficial use of accumulated funds.

  • Supports continuous platform improvement and aligns with community interests.

Taker Fee Destination

• Destination: Burner Module

• Description:

  • Similar to the Maker Fee Destination, market fees can be directed to the Burner module or community pool.

  • Governance proposals allow stakeholders to determine fund usage.

  • This flexibility promotes platform enhancement and community alignment.

This detailed explanation of the fees and their destinations helps users understand the financial dynamics within the DEX - Tradebin module and the community's role in governance and decision-making.

Token Factory

Create Denomination Fee

• Fee Amount: 25,000 BZE

• Description:

  • The Token Factory module allows users to create their own denominations.

  • These denominations function like any other coin on the blockchain, with capabilities for sending and using them both within and across other blockchains via Inter-Blockchain Communication (IBC).

  • The fee for creating a token acts as a deterrent against network spam and is directed to the community pool.

Earn - Rewards Module

Create Staking Reward Fee

• Fee Amount: 25,000 BZE

• Description:

  • Users can create staking reward programs for specific denominations of their choice.

  • Setting up these programs requires a fee payment and the provision of funds to be used as rewards.

  • Collected fees are directed to the community pool.

Create Trading Reward Fee

• Fee Amount: 50,000 BZE

• Description:

  • Users can establish trading reward programs for specific DEX markets of their choice.

  • Setting up these programs requires a fee payment and the provision of funds to be used as rewards.

  • Collected fees are directed to the community pool.

Please move to the next page for overview of the various types of fees.