WE DON'T HIDE THE FEES.
A broker brings people onto the floor and takes a disclosed share of the protocol fee those people generate. Not a markup on top of their trades. Not a hidden spread. A share of what BOILER already charges, shown to the referred user on their own ticket, with the referring broker named.
FEATURE FLAGGED OFF
Broker accounting is modelled. No protocol fees have been collected, so no broker fees have been earned or paid.
TIERS
| TIER | REFERRED VOLUME FROM | SHARE OF PROTOCOL FEE | ON $1M OF REFERRED VOLUME |
|---|---|---|---|
| RUNNER | $0.00 | 10% | $250.00 |
| BROKER | $250K | 15% | $375.00 |
| SENIOR BROKER | $2.5M | 20% | $500.00 |
| PARTNER | $25.0M | 25% | $625.00 |
Worked from $1,000,000.00 of referred volume at the configured protocol fee of 25 bps, which is $2,500.00. The broker share comes out of that number, never out of a larger charge to the user.
WHAT A REFERRED USER SEES
- The name of the broker who referred them, on the ticket.
- The protocol fee, unchanged by the referral.
- The broker's share of that fee, in basis points and in dollars.
- A link to this page, so they can check the tier themselves.
WHAT A BROKER SEES
- Referred wallets, 0 today.
- Referred volume, attributed onchain per trade.
- Eligible fees and paid fees, separately.
- Current tier and the volume to the next one.