This is the agreement that allows reto to offer 0% fees (lemmy.zip)

submitted 2 weeks ago by shortwavesurfer@lemmy.zip to c/monero@monero.town

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In order to boost Haveno adoption, We propose the following:

RETO lowers its trade fees to 0%

in return:

RETO receives the equivalent of X per year or Y per month with the first 4 months paid up-front, subsequent payments on a monthly basis.
Once monthly RETO volume exceeds 1M fiat and sustains it for 3 months in a row, RETO reintroduces a fee and pays back any fees above X until the total amount paid back is equal to the total amount previously received.

Example:

If RETO earns Z in a month, it pays back Z-Y.

Should volume suddenly be drastically higher than expected, we will not reimburse RETO for “lost” trade fees and assume we have reached our goal in boosting Haveno adoption.

This agreement is initially going to last until 2025-12-31 with the first payment dated back to 2024- 11-01 under the condition that the 0% trade fee goes into effect with the release of Haveno v1.0.13.

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[-] Krugtron9000@monero.town 2 points 6 days ago

Are you daft, man? Just remove the absurd trade size limits.

There are multiple professional traders from LocalMonero who won't touch Haveno with a ten-foot pole until you fix this. You're killing your own market. The really good traders' time is valuable; the per-trade overhead is way too high for the limits to make sense, so all you're left with is the clowns.