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 |
Quarterly distribution
5% (25,000 dTRM) of the dTRM total supply will be distributed every 3 months starting April 1st, 2021.
- 2% (10,000 dTRM) of dTRM total supply to Tradeium
- 3% (15,000 dTRM) of dTRM total supply to active users 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
There may be a dTRM threshold you must earn to redeem the tokens. If you are below this threshold, your earned dTRM will be transfered to the next periodic distribution until you are above the threshold.