SBF on Twitter: "@ichibot @PARABOLIT ok so I've looked into it. 1) FTX is behaving exactly as described by the docs: https://t.co/hhAF7RPREX 2) The docs do something unintuitive with FTT: because fees are bounded by 3bps, FTT cuts into ref rebates 3) we might change that to be more favorable to referrers." / Twitter

dude stop commenting on all my posts with this he's giving literally 0 transparency to how he's calculating his volume, whether some users are VIPs which don't get refs, or what

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this is very different from your original post, which pointed to 1% ref I can look into this, but you need to stop posting these on Twitter, especially enraged and misleading and wrong the first time.

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ok so I've looked into it. 1) FTX is behaving exactly as described by the docs: help.ftx.com/hc/en-us/artic 2) The docs do something unintuitive with FTT: because fees are bounded by 3bps, FTT cuts into ref rebates 3) we might change that to be more favorable to referrers.

help.ftx.com

Referrals

Notes: FTX pays referral fees. These fees are discretionary and up to the judgment of FTX. The general guidelines are here. FTX maintains the right to modify them with or without notice at any ti...

10:24 PM · Mar 17, 2021Twitter Web App

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?

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how could he possibly know that?

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As you can see 3/15 and 3/11 is combined with the following day, this could be a timestamp problem (2 days are counted together into one day) and does not mean that the day didnt count.

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