🎰Coupons

Symmetry's trading fee coupon is an NFT distributed to eligible trading addresses. The owner of this NFT can apply the coupon with its face value on Symmetry and use the value to pay for trading fees of their future trades partially. A Greek alphabet is randomly assigned with a random color to each trading coupon. Try to collect all 24 if you are a collector! There’s a 5% chance for a rare one too!

Coupon Types

There are three kinds of coupons.

Weekly Trading Fee Coupon

All addresses with weekly trading volume over $100,000 would receive a trading fee rebate NFT, claimable in the following week.

The face value of the rebate is calcualted in tiers, specifically:

Trading volume in the previous week	Rebate amount
$\geq$$100,000	Total Trading Fee * 1%
$\geq$$5,000,000	Total Trading Fee * 5%
$\geq$$25,000,000	Total Trading Fee * 10%

Note:

• With a trading fee rate of 0.1%, the total trading fee = trading volume * 0.1%

• Coupons applied during last week's trading will not be factored in the calculation.

• A simple example:

  Alice traded $5,000,000 in volume last week, applying coupons in 3 separate trades.

  The rebate amount she would receive this week is 5,000,000*0.1%*5%=$250.

Daily Surprise

On the upper right-hand side of the coupon page is the Daily Surprise. Try your luck at the lottery for a trading fee coupon of $5 max.

• One draw a day.

• Every $1000 trading volume grants the address one draw. An address can accumulate up to 10 draws (10 days), so be sure to check it out in time.

"Better Next Time", the Post-Liquidation Coupon

Users get coupons if one or multiple of their positions are liquidated.

• The face value of the coupon = 0.1% of the liquidated position.

• When positions in more than one asset are liquidated, users will find a claimable coupon under each corresponding asset's trading page.

• Make sure to claim the coupon within 7 days, or it will be expired.

• Claimed coupons can be found under "Coupons in your wallet":

How to use the coupons I have?

Apply

You can apply one or several coupons in your wallet separately or apply all coupons to your account by clicking "Apply all".

The applied coupons are burnt and you will see the total value under "Applied Trading Coupon".

Trading

Trading fees are automatically reduced for those who have applied coupon values to their accounts on every order they place, discounting 20% of the trading fee at maximum.