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Network Staking Incentives
$HXRO stakers participating in Hxro Network protocols can now benefit from discounted transaction fees!
100% of network fees collected are circulated back to ecosystem participants, including 50% to $HXRO stakers and 25% to the USDC-HXRO LP rewards pool on Raydium protocol.
Before discounts, the following transaction fees are collected by Hxro Network:
The baseline fee for parimutuel pools, via Hxro’s Parimutuel protocol, is 5%. This fee is only collected from the winning side of each pool.
The baseline fee for derivatives products, via Dexterity protocol, is 0% for maker orders and 5bps for taker orders.
*Please note that each Hxro-powered dapp may have a different fee structure additive to Hxro’s base protocol fees. Read dapp-specific documentation for details on additional fees you may be subject to.
Hxro Network’s new fee discount mechanism applies to users who stake HXRO, esHXRO, or LHXRO. Effective 7/27, stakers will receive discounted network fees for all transactions powered by Hxro’s Parimutuel Protocol.
Effective 8/31, stakers will receive discounted network fees for all derivatives transactions powered by Hxro’s Dexterity Protocol.