Fees & Staking Level
You can reduce your swap fees by paying in TACO.
Fees & Staking Level
With Taco Swap, users can trade tokens for the lowest fees in the market. This section will show you how you can reduce the fees further.
The 0.3% standard fee is composed of two parts:
0.1% is distributed to the pool owners, based on their liquidity pool share
0.2% is the Taco Team Fee: this % can be reduced down to .05% with staking
Users have the opportunity to pay fees in TACO in order to reduce the Taco Team fee.
In order to pay fees in TACO, users have to deposit their TACO to their Taco Swap Account & Rewards balance.
The reduction of the Taco Team fee is based not only on paying fees with TACO, but also on the staking level of the single user.
The staking level is based on total amount of TACO staked in the S.A.L.S.A pools.
| Staking Level | Taco Team Fee % | TACO staked |
|---|---|---|
0 | 0.15% | 0 |
1 | 0.10% | 100 |
2 | 0.09% | 1,000 |
3 | 0.08% | 5,000 |
4 | 0.07% | 15,000 |
5 | 0.06% | 50,000 |
6 | 0.05% | 100,000 |
Taco VIP holders automatically reach Level 6. You can get TACO VIP NFT here.
Examples: 1) A user is swapping with Staking Level 0 and TACO tokens held in the account. Swap fee: 0.25% 2) A user is swapping with Staking Level 1 and TACO tokens held in the account. Swap fee: 0.20% 3) A user is swapping with Staking Level 6 and TACO tokens held in the account. Swap fee: 0.15% 4) A user is swapping with Staking Level 6 without TACO held in the account. Swap fee: 0.3% In order to pay less fees, TACO tokens must be held in the "My Account & Rewards" balance.
Whenever a user is selling a token which is not paired with WAX inside the Taco Swap, the users will pay 0.3% swap fee. Example: 1) A user is swapping SHING/ONI, but there is not an existing SHING/WAX pool. Swap fee: 0.3%
The staking level also determines other perks and provides limited access to other Taco features.
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