Introducing tiered fee discounts on Arena Perps!
We are implementing a program to reduce fees based on your status on the platform, your customer loyalty, and the volume that you trade.
The breakdown is as follows:
Tier 1 - 2.5% discount on fees for trading over $10k USD of leveraged volume on a rolling 30-day period
Tier 2 - 5% discount on fees for trading over $100k USD of leveraged volume on a rolling 30-day period
Tier 3 - 10% discount on fees for trading over $1M USD of leveraged volume on a rolling 30-day period
Bonus Tier - 10% discount for being an Arena Champion
The Arena Champion discount will be applied on top of the volume discount. For example, if you are a Champion and you trade over $1M USD of leveraged volume on a rolling 30-day period, your total discount will be 20%.
If you unstake and lose your Arena Champion status during that trading period, you will forfeit the fee discount as well
