Cashback and RefShare
The Alton token ($ALTON) plays a central role in the trading experience on the Alton DEX by powering a trading cashback mechanism. Instead of offering fee discounts upfront, users receive a portion of their trading fees back in $ALTON, directly rewarding them for their activity on the platform. Additionally, Alton features a referral system where users can earn extra $ALTON rewards by inviting others to trade, further amplifying engagement and ecosystem growth.
Core Benefits
Trading Cashback Rewards
Users who trade on the Alton DEX automatically receive a percentage of their paid fees back in $ALTON.
The cashback amount may vary based on staking levels or overall trading volume.
This model aligns user incentives with ecosystem growth by turning trading activity into an opportunity for rewards.
Staking-Based Boosts
The more $ALTON a user stakes, the higher their cashback percentage.
This encourages long-term token staking and active participation in the Alton ecosystem.
Referral System
Alton features a referral system that rewards users in $ALTON for bringing new traders to the platform.
Referrers receive a percentage of the trading cashback their invitees generate.
This fosters organic growth and incentivizes community-driven expansion.
Enhanced User Engagement
Cashback rewards create a more engaging and rewarding trading experience.
Instead of reducing fees upfront, Alton turns every trade into a chance to earn, motivating users to stay active.
Trading Fee Discounts
The following tiered system determines trading fee discounts, RefShare percentage and Max Claim capability for users based on their staking levels:
Tier
Staked $ALTON
Trading Cashback
RefShare
Max Claim
Basic
None
0
5%
5,000
Starter
5000
0.01%
10%
20,000
Trader
20,000
0.02%
15%
50,000
Pro
50,000
0.03%
20%
100,000
Elite
100,000
0.04%
25%
250,000
Master
250,000
0.05%
30%
500,000
Legend
500,000
0.08%
40%
1,000,000
Titan
1,000,000
0.1%
60%
2,500,000
VIP
2,500,000
0.12%
80%
Unlimited
How It Works
Fee Calculation:
When a trade is executed, the fee is calculated as a percentage of the transaction's value.
Integration with Staking Levels:
Users staking $ALTON are automatically assigned a tier that determines their cashback rate.
The system dynamically updates their tier as their staking balance changes.
User Benefits
Cost Savings: Regular traders can save a significant with getting cashback in $ALTON.
Accessibility: Cashback rates are tiered, making benefits accessible to a broad user base.
Ecosystem Growth: Increased usage of $ALTON for a cash-back opportunity drives demand and liquidity, benefiting the entire platform.
Future Enhancements
Gamification of Fee Discounts: Users may earn temporary discounts or bonuses for completing challenges or milestones within the ecosystem.
Fee Analytics Dashboard: A tool to help users track their fee savings and trading activity over time.
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