Hxro Network generates transaction fees on every transaction made on every network derivatives and parimutuel contract. In the case of derivatives such as futures and options, fees are generated through a maker/taker fee model. Contract fees are based on the notional value of the trade. At the outset of trading, this will be set to 5bps for taking and 0bps for making. At launch, all transaction fees on derivatives are paid to the network in USDC (multi-collateral is in the roadmap) In the case of parimutuel markets, the user or store has the option of paying the transaction fee in either HXRO or in USDC. If paid in USDC the base fee is 3% of notional position value. If the fee is paid in HXRO, the fee is reduced to 1.5%.