Yeah that is super unclear.
Empirically pretty sure the answer here is that e.g. 9bps taker fee tier + level 3 LEO --> 7.1bps
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but wouldn't it just be 25% disc aka 6.75bp ?
just don't understand what the "6bp" and "min 2.5bp" mean if they aren't applicable
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min 2.5bps means nothing can go below there
I *think* 'up to 6bps' means that nothing can decrease your fees by more than 6bps
And yeah I agree that right now neither could possibly happen, I suspect it's just future-proofing it.
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Will try my best to explain:
Level 3 tier starts at 10K usdt worth of Unus Sed Leo. - 25%/ - 10%. Now for every additional 10k usdt worth of LEO you hold 0.02 bps per discount. up to 1M usdt worth of LEO after that it goes into 50k usdt to get 0.01 BPs whith a cap of 6 BPS.
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I thought they had changed that? But I could be wrong.
Calling ! Is there a fee benefit to holding more than 10k LEO?
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Wait actually I have more confusions here.
Is it the same for crypto-stablecoin and crypto-fiat?
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Hm so I have strong evidence that there's some difference in fees between crypto-fiat and crypto-stablecoin but cna't see where that's coming from
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One has 25% discount other one has 10% discount if that is what you are on about? Will ping you on Telegram.
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twitter.com/paoloardoino/s
We'll improve the page definitely
Thanks Sam
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Replying to @SBF_FTX @SBF_Alameda and 2 others
crypto-to-crypto/(stablecoin): with 10k USDt worth of LEO you get 25% discount. After that discount grows up to additional 6bps
crypto-to-fiat: with 10k USDt worth of LEO you get 15% discount. After that discount grows up to additional 6bps
We'll improve fee page