Fees & Airdrop Rewards
Understand the fee structure of XCAD.Social and how to earn airdrop rewards.
Last updated
Understand the fee structure of XCAD.Social and how to earn airdrop rewards.
Last updated
Earn fees when users trade your own token, or when people you have referred trade any token
Earn fees when users trade the keys of a user you have referred
When a key trade takes place there is a 10% fee. The standard distribution is as follows:
5% to the Creator of the key
2.5% goes to the treasury
2.5% locks XCAD off the market
After the Creator qualifies for and launches their Creator Token, those fees change to:
2.5% to the Creator of the key
2.5% Creator Token burn
2.5% goes to the treasury
2.5% locks XCAD off the market
There are a few other scenarios that lead to a different fee structure than the ones you can see above. Firstly, the referral scheme will mean that if a user refers another user to XCAD.Social, then they will receive 1% fees on the trading volume a referred user’s key generates.
Secondly, for any Creator who launches a key who has an existing Creator Token, a % of the volume will immediately go towards burning that Creator Token.
Point Earning Actions:
Some actions are one-time, and a set number of points are attributed to them, such as 'signing up'. Other actions will earn more points depending on other variables, for example, the more followers a referred user who launches a key has, the more points you will get for referring them. In addition to that, the higher the value of keys you buy, the more points you will earn.
Share your referral code with friends to earn points and a share of their trading fees.
Example of points allocated to some actions:
Go to the Rewards Tab. From here you can manage your Points and Claimable Fees
To Claim your Fees, click the "Claim" button
5% to the Creator of the key
2% goes to the treasury
2% locks XCAD off the market
1% to the referrer
4% to the Creator of the key
1% goes to the treasury
2.5% locks XCAD off the market
2.5% Creator Token burn
The more points you collect, the higher allocation for the Airdrop you will receive. More information on the airdrop will be released in the future.
Signing up
Launching a key
Referring Users/Creators
Referred Users creating a key
Buying Keys
Sign up = 10 points
Create your Key = 20 points
Your Referral Creates a Key (sub 5,000 followers) = 50 points
Buy Key = 20 points + 1 point for every 10 XCAD spent, maximum 100 points
