💰Fees & Airdrop Rewards

Understand the fee structure of XCAD.Social and how to earn airdrop rewards.

Fees

How to earn fees

✅ 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

Fees breakdown

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.

💰5% to the Creator of the key

💰 2% goes to the treasury

💰 2% locks XCAD off the market

💰 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.

💰4% to the Creator of the key

💰 1% goes to the treasury

💰 2.5% locks XCAD off the market

💰 2.5% Creator Token burn

Airdrop

✅ 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:

☑️ Signing up

☑️ Launching a key

☑️ Referring Users/Creators

☑️ Referred Users creating a key

☑️ 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.

Points

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

Example of points allocated to some actions:

☑️ 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

Getting your Rewards

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

Claiming your Fees

To Claim your Fees, click the "Claim" button