How ARMswap Fee Distribution Model Benefits ARMSP Holders And LPs

ARMswap is committed to creating a fair and rewarding ecosystem for its users. As part of this mission, ARMSP holders can now earn passive income through the updated fee distribution model.  

This model ensures that key participants to the ARMswap ecosystem like Liquidity Providers [LPs], ARMSP holders and the platform itself receive fair compensation for their participation. Let’s jump into the details of how the crypto swap fees distribution works.

Details of the ARMswap Fee Distribution Model

ARMswap provides access to 31 blockchains for easy token exchanges and swaps, 11 of which are supported by the third-party provider Changelly, while the remaining 20 are supported by ARMswap directly.

• For Changelly-supported blockchains, ARMswap charges a 0.4% swap fee.
• For the remaining blockchains, ARMswap charges a 0.35% swap fee.

The fee distribution model is as follows:

Fee Breakdown to Show How the Swap Fee is Distributed

Let’s see how ARMswap’s fee distribution model is beneficial for its users.  

• Liquidity Providers [LPs] 
  
  Liquidity Providers ensure smooth transactions by adding liquidity to the pools. As a reward for their contributions 60% of the ARMswap platform’s swap fee, goes to them. LPs receive rewards based on how much liquidity they provide. More liquidity equals more rewards as this keeps the transaction flow smooth. 
   
• ARMSP Holders 
  
  ARMSP holders are rewarded for supporting the token and platform. 30% of the total swap fee goes to ARMSP holders. The more ARMSP tokens you hold, the bigger your share of this fee. This means by simply holding ARMSP tokens, you can earn passive income. 
   
• ARMswap’s Profit  
  
  ARMswap keeps 10% of the total swap fee to cover its operating costs, platform maintenance and future developments. This ensures that the platform remains sustainable, growing and able to deliver more features to users.

Why Is This Fee Distribution Model Important?

ARMswap updated fee distribution model helps in several ways:

• Incentivizing Liquidity Providers [LPs] 
  
  Liquidity Providers are crucial for a smooth trading experience. By giving LPs the biggest share of the fee, ARMswap ensures liquidity keeps running to improve transaction quality for everyone.
   
• Rewarding ARMSP Holders 
  
  By rewarding ARMSP holders with a share of the swap fees, ARMswap adds value to holding the token. This not only benefits ARMSP holders but also fosters a loyal and engaged community.
   
• Ensuring Sustainability 
  
  ARMswap 10% share helps cover the platform’s expenses and future innovations. This balance keeps the platform running smoothly and evolving for the benefit of all users.

Ways to Get ARMSP Token

Wondering how you can get free crypto rewards like free ARMSP tokens and become eligible to get the fees share? ARMswap a cross bridging and swapping platform, launched its ERC-20 token which is a governance and utility token. 

Participate in Token Launch

The ARMSP token sale has officially launched! Interested individuals can now go ahead and purchase ARMSP tokens through MetaMask and WalletConnect crypto wallets.

To earn these tokens for free, there are multiple following ways;

Provide Liquidity  

By providing liquidity on the ARMswap platform, users can earn ARMSP tokens and a share in the swap fees. ARMSP tokens, equivalent to 0.14% of the transaction amount, are distributed among liquidity providers along with 60% share in swap fee. These rewards are distributed weekly, allowing participants to support the platform’s growth while earning passive income.

Participate in MVP Categories  

Another way to earn free ARMSP tokens is by contributing to the Most Valuable Professional [MVP] Program which includes four key categories:  

• Identification and Development of New Ideas
  • In this category, you can share innovative concepts to improve the ARMSwap ecosystem.
• Community Engagement
  • By contributing to a thriving community through moderation, answering queries, or hosting events.
• Marketing Outreach
  • You can promote ARMSwap through creative campaigns, social media posts and blogs to attract more users.
• Bug Bounty Program
  • By identifying and reporting bugs or vulnerabilities to enhance the platform’s security and functionality.  

These contributions not only help expand the ecosystem but also reward participants with ARMSP tokens for their efforts.  

Earn Higher Rewards and the Status of the Community  

ARMswap governance roles such as Citizen, ARM Citizen, Committee Member and Council Member represent levels of engagement and contribution within the ecosystem. These titles are assigned based on interaction levels, token holdings and participation in platform activities.  

You can earn ARMSP tokens in significant quantities as you achieve higher titles. The higher your status, the greater your rewards assuring you that active members are generously compensated for their contributions.

Now we have covered all the important things including the fee distribution model. Ready to be a part of ARMswap? 

Join the ARMswap ecosystem, hold ARMSP, earn rewards and be part of a growing blockchain world.