BonkSwap White Paper
  • Introducing BonkSwap
  • Core Dex Offerings
  • Reward Mechanics
  • Fee Distribution
  • Future Platform Evolution
  • BONK or BUST
    • Bonk or Bust - Entering A Game
    • BONK or BUST Fee Distribution
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  1. BONK or BUST

BONK or BUST Fee Distribution

Bonk or Bust markets will be powered by Hxro Network’s parimutuel protocol. A 5% transaction fee will be taken by the platform from each pool. The breakdown of how the 5% fee is allocated is as follows:

  • 3% to Hxro Network Transaction Fee

  • 1% to Bonkswap maintenance/operations

  • .5% to purchase BONK for BONK staking vault

  • .5% to purchase HXRO for HXRO staking vault for BONK stakeholders

All BONK purchased by the vault will be distributed as rewards on a pro-rata basis to all staked wallets.

All HXRO purchased by the vault will be staked to the Hxro Network staking protocol for a duration of 3 years. Accrued Hxro Network Rewards will then be distributed to BONK stakers pro-rata.

PreviousBonk or Bust - Entering A Game

Last updated 2 years ago