Today's fee settlements on Robinhood Chain, Wednesday Sept 30th.
💰 Total fees: 0.00224 ETH (about $6.00)
📈 Volume behind them: about 11.19 ETH (about $30,000) across 272 trades
🕔 Settlement: daily at 5 PM PT, on-chain to the VOBOT treasury
Where the fees go
🔥 Buyback & burn: 0.00059 ETH (about $1.60)
🏦 Treasury: 0.00040 ETH (about $1.06)
🛡️ Reserve: 0.00125 ETH (about $3.34)
-> 48% buyback, 32% treasury and 20% reserve.
Fees are 0.02% on volume trades and 0.005% on market making. Practice trades, KILL and Sell all are always free.
Early days, but the fee engine is live, on-chain and verifiable. ⚡