Regarding the Proposal:
Make a tiered fee discount for OCTO holders. It would also give more utility to the OCTO token:
1000 OCTO - 5% discount
2000 OCTO - 10% discount
4000 OCTO - 20% discount
8000 OCTO - 40% discount
Potential future proposal idea:
Also even allocate a % of earned fees specifically to those who make more volume. There's always a % of holders that never stakes. Let's assume 20%. That reverts in favor of holders as extra fees since they're not claimed by the ones not staking. Meaning part of that %, say 5%-10% could go directly to top volume addresses
For example: 90% fees paid to OCTO holders, 10% directly to top volume addresses:
Rank 1: 5%
Rank 2: 3%
Rank 3: 2%
I believe this could help attract more volume (fees) as top traders compete amongst themselves. They also get a reward for providing us with their fees. A 10% cut is nothing compared with the benefits of having multiple people competing on our platform and that ends up bringing more users. That's basically liquidity mining. Personally I would be OK with an even bigger % allocated to top holders initially (maybe 40%). I'm just proposing 10% because I don't know the community opinion on this.
May I also add this should only be considered after the team announces their LP program and the partner. Until then this shouldn't be considered.
