Specifications
Symbol: dTRM
Type: ERC20
Total supply: 500,000
Initial Supply: 50,000
Contract Address: 0xcef1918cb52acc070d4e4fcaadb81f724b5cbdb7
Description
dTRM is a discount utility token for the Tradeium ecosystem. It is distributed to users as rewards for participating in the service.To receive up to 50% off performance fees, users must stake (i.e hold) dTRM in their Metamask wallets that they previously registered with Tradeium.
Discount
Staking one dTRM token gives users 50% off performance fees for a balance of 0.001 BTC. Discounts are received for as long as the user holds the tokens.
For example, if a user stakes 1000 dTRM in their Metamask wallet, they get 50% off performance fees for a balance of up to 1.000 BTC. Any remaining balance beyond 1.000 BTC will be charged at full price. No additional discount above 50% for balances below 1.000 BTC.
Allocation
% |
Amount (dTRM) |
Participate |
60 |
300,000 |
Users |
40 |
200,000 |
Tradeium |
Distribution
Initial distribution
10% (50,000 dTRM) of the dTRM total supply will be distributed initially. Starting Jan 28th, 2021.
- 4% (20,000 dTRM) of dTRM total supply to Tradeium
- 6% (30,000 dTRM) of dTRM total supply will be allocated to active users (running bot at time of distribution) based on:
% weighting |
Participation Category |
Description |
30 |
TRM purchases |
percentage of total previous TRM purchases |
30 |
Balances |
percentage of total assets under management (AUM) |
20 |
Length of use |
Based on how many months you used the service |
20 |
Referrals |
Percentage of total referrals |
Monthly distribution
1% (5,000 dTRM) of the dTRM total supply will be distributed monthly for 90 months.
- 0.4% (2,000 dTRM) of dTRM total supply to Tradeium
- 0.6% (3,000 dTRM) of dTRM total supply to active users (running bot at time of distribution) based on
% Weighting |
Participation Category |
Description |
60 |
TRM spent |
Percent of TRM spent since last distribution |
30 |
Balances |
Percent of AUM purchases at tiem of distribution |
10 |
Referrals |
Percent of referrals since last distribution |
*weightings and categories may change