Business Model
DeltaPrime aims to be completely transparent in her business model. Currently, DeltaPrime charges solely liquidation fees (up to 16.67% on liquidated amount) through its liquidation bots. As DeltaPrime functions on grant and investment money, we can focus on developing the best possible product, without charging every users for use of the protocol.
In the future, DeltaPrime will generate profit through the fees listed below. All our users will be notified through our socials at least 7 days before implementation of a sustainable fee model.
All numbers are subject to change. Exact numbers will be notified through our Discord
Future cashflows:
Transaction fee: fee on transactions (~0.015%)
Interest fee: Spread on the borrowing/depositing rate (~15% on paid interest)
Success fee: Spread on profits withdrawn from DeltaPrime (TBD)
PRIME Features: profits generated through $PRIME services
While the numbers for an individual user might seem small, with volume this model allows DeltaPrime to be completely self-sustainable while generating profits for $PRIME holders. As an indication, in February 2023 one month after launch, DeltaPrime put a 10% spread on the USDC pool for 5 days (to kickoff the stability pool). This spread accumulated ~$1000 in revenue every 24h.
PRIME Features
Additional brime brokerage services (PRIME Features) can be bought with sPRIME. Some of these features simply require holding a specific amount of sPRIME, others will be charged in sPRIME over time while in use.
Prime Features can be:
Fee reductions
Higher leverage
More tokens
Unique statistics
Important personal notifications
and more...
PRIME Features can be recognized with a little yellow star. Hovering over the star shows that you have access to a Prime Feature.
PRIME Features 1) contribute to sustainability in PRIME tokenomics, 2) remove PRIME from circulation 3) allow you to design your personal DeltaPrime experience, and 4) reward loyal users.
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