The COSS Fee , or CFT, was conceptualized out of a desire to give our users more incentives to trade on our exchange. It wouldn’t make much sense to use COSS as a discount , because it would affect how much you earn from your Fee Split Allocation (FSA).
With our v1.2 launch, we saw the opportunity to launch a companion to COSS, and the rest, is, as they say, history.
But we did not want to create a single use case . We decided to create a more versatile .
- 25% discount on trading fees
- Ability to airdrop tokens to CFT holders
- Ability to use CFT for voting
And now, we are finally going to start launching it for .
3 more days, and we are going to celebrate this launch with a bang!
One of our biggest promos yet! What better way to celebrate the launch of a discount than giving you the ability to win more CFT by ANY pair on the exchange?
Get your fingers warmed up because, on the 1st of April, things are heating up on COSS.io!
Ending this update with a few words from our Founder and CEO, Rune Evensen:
“Going live with CFT is a huge milestone. The addition of a 2nd has been widly discussed in our community.
Although we have seen an increase in the weekly FSA value over the past weeks our users are very aware that the majority of FSA has been in CFT with a price set by us due to the ongoing IEO, now it is finally time for the community to define the price.
Exchange are definitely the flavor of the month and we believe in having the best from both worlds with our two , some might say that both use-cases could have been added to one , etc. and we are aware that the options are many, but by having an active (CFT) plus a passive (COSS)we believe that we do cater for different and more strategies. We are not saying that our way necessarily is the optimal way, but we like to set trends rather than simply follow them. Enjoy your all and may the best traders win.”
Published at Fri, 29 Mar 2019 04:51:02 +0000
