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    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

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    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

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    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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  • Guides
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    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

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    Key Innovations, Challenges, and What Comes Next

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home DeFi

Decentralized exchange Hashflow to share revenue with token stakers starting today

November 1, 2023
in DeFi
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Decentralized exchange Hashflow to share revenue with token stakers starting today
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ZkSNACKs to sunset coinjoin anonymizing service amid US coin mixer crackdown

Jito becomes largest protocol on Solana with $1.4 billion in TVL

Decentralized exchange and liquidity provider Hashflow will charge trading fees starting today and will allow Hashflow token (HFT) stakers to receive a portion of these fees.

Currently, many DeFi protocols charge fees for transactions routed through Hashflow, even though Hashflow itself does not charge fees.

Going forward, all transactions performed on Hashflow will include a nominal fee. This fee is incorporated directly into the quote and is automatically deducted at the time of trade execution. This change is the result of a approved proposal by the Hashflow DAO and aims to establish the protocol’s first revenue stream.

“By distributing fee proceeds to the token stakers and the Foundation, this proposal creates a sustainable model that will benefit all stakeholders in the Hashflow ecosystem,” said Varun Kumar, co-founder of Hashflow.

The revenue goes to stakers, Hashflow Foundation and token buybacks

The revenue from these fees will be allocated as follows: 50% will be distributed to HFT token stakers, 30% will be earmarked for the community coffers specifically for HFT buybacks, and the remaining 20% ​​will cover the Hashflow Foundation’s operating costs.

The team did not reveal the exact fee amount for trades, although it did say that the fee will be dynamic based on the size of the swap. All trading fees collected are distributed to the token stakers on a monthly basis.

See also  QuadrigaCX's Michael Patryn targeted by unexplained wealth order
Tags: DecentralizedExchangeHashflowrevenueSharestakersStartingTodayToken

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