Project Ethos
Engineering Design
Social
Network Fees Distribution
Network Fees Allocation
Stakeholder
Network Fee Allocation (%)
ETHtx Minters
1.5
Liquidity Providers
0.67
weiWard Team
0.33
TOTAL NETWORK FEE
2.5
ETH Payments to Minters
The ETHmx pool on the weiWard platform receive 1.5% of all transaction fees collected by the weiWard platform. Minters permanently exchange ETH for ETHmx with no possibility for conversion via the weiWard AMM. ETH contributed by underwriters serves as sell-side liquidity for ETHtx redemptions. Minters assume permanent exposure to risks imposed by the weiWard platform and receive 1.5% of all ETHtx transaction fees accordingly.
ETH Payments to Liquidity Providers
Liquidity providers registered on the weiWard platform, in addition to the liquidity provider fees provided by DEXs, receive 0.67% of all transaction fees collected by the weiWard platform. Liquidity providers are crucial to the price stability of the ETHtx token and serve to maintain near-matching real-time gas prices on exchanges.
ETH Payments to the weiWard Team
The weiWard team receives 0.33% of all transaction fees collected by the weiWard platform. The weiWard project is - by design - a phased software engineering project; weiWard V1 is merely a starting point for the weiWard project. The weiWard team must be compensated sufficiently well to remain committed to the weiWard project.
Percentage of Fees Breakdown
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Last modified 11mo ago