THE TOKEN
//01_ WHAT HOLDING IT CHANGES
A wallet that holds at least the holder threshold of $PAPERHANDS pays a win fee of 1% instead of 2%. The threshold is 1,000,000 tokens by default; the current value is readable from the exchange's house() view.
- The balance is read when the win is settled, from the wallet that owns the position. A one-click trading key does not need to hold anything.
- The discount applies to the win fee only. The loss fee and the liquidation fee stay at 2%.
- If the balance cannot be read for any reason, the standard fee applies.
| WORKED BTC WIN | STANDARD | HOLDER |
|---|---|---|
| Adjusted gain | $8.814691 | $8.814691 |
| Win fee | $0.176293 (2%) | $0.088146 (1%) |
| Net gain | $8.638398 | $8.726545 |
The example is the BTC long of wins and losses: $100 margin at 10x, closed 1% higher.
//02_ CREATOR FEES AND THE HOUSE
Creator fees earned by the token can be routed to the house through donate(). A donation pays the queue line first and then adds to the house's cash. It mints no paper and gives nothing to the sender.
//03_ ADDRESS
- //TICKER_
- $PAPERHANDS
Credits: hands from Michelangelo, The Creation of Adam (detail), public domain, via Wikimedia Commons. Marks of the markets and integrations belong to their owners (sources, credits).