Conversation

SBF

@SBF_FTX

Oct 28, 2020

1) Some thoughts on twitter.com/AdamScochran/s:

This Tweet is unavailable.

SBF

@SBF_FTX

Oct 28, 2020

2) NOT INVESTMENT ADVICE

SBF

@SBF_FTX

3) Everything on FTX involves FTT. How? Well, first, 1/3 of exchange fees --> buy/burn. But how about things that aren't quite that? There's a catch-all: 5% of everything does, one way or another.

10:33 PM · Oct 28, 2020Twitter Web App

Replying to

4) So, for instance, 5% of all SRM --> airdrop on FTT holders over time. How about other things -- as

@AdamScochran

mentioned, the recently announced partnership with

@RealHxro

? FTX is the backend powering the tix/wix contracts. If nothing else -- 5% of revenue --> buy/burn.

SBF

@SBF_FTX

Oct 28, 2020

5) But if those end up being FTX markets, generating fees like other ones, then 33% --> FTT. Similarly -- LT trading fees 33%; but also 5% of LT management fees --> buy/burn.

SBF

@SBF_FTX

Oct 28, 2020

6) What else can FTT do? a) lower fees on FTX for holding it b) voting for listings, getting IEO tickets But I'm sure there's more we can do. What other ideas do people have? What else should flow through to it?