Fee discounts
BrewSwap offers a range of fee discounts to Brewlabs NFT holders. To find out how you can benefit from swap fee discounts, we recommend reading up on the Brewlabs NFT's and how they compliment the Brewlabs product suite.
Gross swap fee reduction: Brewlabs NFT holders are eligible to a gross swap fee reduction. That means that on each swap that takes place on the BrewSwap by a wallet that holds a Brewlabs NFT, a discount is applied BEFORE any fees are taken. Therefore if a user holds a Brewlabs NFT, then they are entitled to gross discount on all default and dynamic fees on any swap.
Example: - UserA holds a uncommon Brewlabs NFT (10.00% fee discount) - UserA swapping in a pair with a total fee of 1.50% (0.30 default fee + 1.20% dynamic fee structure) - UserA new swap fee rate is 1.35% after Brewlabs NFT discount is applied.
Brewlabs NFT discount fee logic is global on all pairs across BrewSwap.
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