6

In order to boost Haveno adoption, We propose the following:

  • RETO lowers its trade fees to 0%

in return:

  • RETO receives the equivalent of X per year or Y per month with the first 4 months paid up-front, subsequent payments on a monthly basis.

  • Once monthly RETO volume exceeds 1M fiat and sustains it for 3 months in a row, RETO reintroduces a fee and pays back any fees above X until the total amount paid back is equal to the total amount previously received.

Example:

If RETO earns Z in a month, it pays back Z-Y.

Should volume suddenly be drastically higher than expected, we will not reimburse RETO for “lost” trade fees and assume we have reached our goal in boosting Haveno adoption.

This agreement is initially going to last until 2025-12-31 with the first payment dated back to 2024- 11-01 under the condition that the 0% trade fee goes into effect with the release of Haveno v1.0.13.

you are viewing a single comment's thread
view the rest of the comments
[-] chaser@monero.town 1 points 3 days ago

putting the text into quotes would make the context clearer. this way it sounds like you are part of the group that made the offer. without context, it's hard to understand who plays what role here.

interesting move, nevertheless.

[-] shortwavesurfer@lemmy.zip 1 points 3 days ago

Yeah, definitely not my doing. I don't have the kind of picos to be throwing around like that.

this post was submitted on 08 Nov 2024
6 points (87.5% liked)

Monero

1671 readers
8 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
MODERATORS