# Fees & Airdrop Rewards

## Fees

### How to earn fees

:white\_check\_mark: Earn fees when users trade your own token, or when people you have referred trade any token

:white\_check\_mark:Earn fees when users trade the keys of a user you have referred

### Fees breakdown

When a key trade takes place there is a 10% fee. The *standard* distribution is as follows:

:moneybag:5% to the Creator of the key

:moneybag: 2.5% goes to the treasury

:moneybag: 2.5% locks XCAD off the market

After the Creator qualifies for and launches their *Creator Token*, those fees change to:

:moneybag:2.5% to the Creator of the key

:moneybag: 2.5% Creator Token burn

:moneybag: 2.5% goes to the treasury

:moneybag: 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.

:moneybag:5% to the Creator of the key

:moneybag: 2% goes to the treasury

:moneybag: 2% locks XCAD off the market

:moneybag: 1% to the referrer

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.&#x20;

:moneybag:4% to the Creator of the key

:moneybag: 1% goes to the treasury

:moneybag: 2.5% locks XCAD off the market

:moneybag: 2.5% Creator Token burn

## Airdrop

:white\_check\_mark: 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.

**Point Earning Actions:**&#x20;

:ballot\_box\_with\_check: Signing up

:ballot\_box\_with\_check: Launching a key

:ballot\_box\_with\_check: Referring Users/Creators

:ballot\_box\_with\_check: Referred Users creating a key

:ballot\_box\_with\_check: Buying Keys

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.&#x20;

## Points

Share your referral code with friends to earn points and a share of their trading fees.

{% hint style="info" %}
Example of points allocated to some actions:&#x20;

:ballot\_box\_with\_check: Sign up = 10 points

:ballot\_box\_with\_check: Create your Key = 20 points

:ballot\_box\_with\_check: Your Referral Creates a Key (sub 5,000 followers)  = 50 points

:ballot\_box\_with\_check: Buy Key = 20 points + 1 point for every 10 XCAD spent, maximum 100 points
{% endhint %}

### Getting your Rewards

1. Go to the Rewards Tab. From here you can manage your Points and Claimable Fees

<figure><img src="https://2221839858-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXkdIAArO7dRzfkMGsHFP%2Fuploads%2Ff2MbXATnsRP1MIomu8Ei%2FRewards%20Tab.png?alt=media&#x26;token=6062ee1c-08c7-4d13-8791-28ba94bfdaea" alt=""><figcaption></figcaption></figure>

### Claiming your Fees

To Claim your Fees, click the "Claim" button

<figure><img src="https://2221839858-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXkdIAArO7dRzfkMGsHFP%2Fuploads%2FmwWbTqLmkulEk3VG84Kc%2FClaiming%20Rewards.png?alt=media&#x26;token=25da56d6-0f4a-48f1-81f3-0d618a15c2f9" alt="" width="375"><figcaption></figcaption></figure>
