The fee rebates for Holder and Staker are settled once per day. Calculated daily at 00:05 (GMT+8) based on previous day’s trades. The settlements starts daily at 00:35 (GMT+8), and is expected to be completed within an hour (before 01:35 GMT+8).
Staking Power formula:
[MAX Token balance * 1 + (stake A * (1 + stake A's aging boost) + stake B * (1 + stake B's aging boost) + .... ) * 5 ]
Holder and Staker are rewarded from the pool of 30% of trading fee received in the previous day based on the ratio of each individual staking power over total staking power.
Assume 1 USDT = 1 MAX Token
Reward for HOLDER and STAKER is 60 MAX Tokens ( (Buy Fee 50 USDT + Sell Fee 150 USDT) * 30% * 1 = 60 MAX Tokens)
Assuming: The pool of reward contains 60 MAX Tokens in total, the staking power of user A, B and C accounts for 20%, 30% and 50% of the total staking power. The fee rebates for each A, B and C users will be 12 MAX Tokens (60 * 20%)、18 MAX Tokens (60 * 30%)、30 MAX Tokens (60 * 50%).
Ageing Boost Related links