The Currencies

Tournament Points, Skill Points, Gold

Gold

Gold is what is used to buy shares of players. You can earn gold by selling shares you own.

On Pro, Gold is 1:1 conversion with USDC (base).

Fees

The marketplace fees base rate are 3% per trade, and we are looking to gradually bring this down over time. However there is also variable fee structures in place for 2 scenarios.

1. When trying to sell a large amount of supply compared to active supply, there is a 'Anti-dump mechanic' which triggers a higher tax, if trying to sell big supply in one transaction.

2. When there is surge of trading activity on a player or abnormal activity on a player, the variable fee can kick in to help manage the pressure.

Dynamic Fees

The dynamic surge fee is applied when market volatility is high to help ensure a more stable market. When this is triggered, you will have a higher fee on selling than usual for the player in question. The below table is the breakdown of how fees dynamically change depending on how a players share price has dropped.

Price Drop (3 min)	Sell Fee	Min. Duration
<10%	5%	5 mins
>15%	7%	15 mins
>20%	12%	60 mins
>24%	20%	120 mins

The other dynamic sale fee is triggered if the amount of tokens you are trying to sell is greater than 5% of the token reserves in the liquidity pool.

The warning in-app will also showcase you how much of a % you are attempting to sell in one go.

You can easily avoid this dynamic fee by selling more gradually in smaller increments.

Trading Slippage

On our marketplace there's often a lot of trading activity happening at once. Slippage is when the price changes between the moment you press to start a trade and when the trade actually goes through.

You can adjust the slippage as you like. But if the price goes out of that range before your trade completes, it will revert the trade.

Example: You see 100 gold = 1,000 shares of X. With 10% slippage, you're saying "I'm okay with paying as high as 110 gold (10% extra) for those 1,000 if the price is moving whilst my trade is still finishing" And in this scenario if the price changes more than 10% (anything above 110 gold) the trade will not go through.

Tournament Points

Tournament Points (TP) is what is used to open up Player Packs. TP is earned based on your performance in the tournament with your roster picks. Head to the Tournament Prizes Page to learn more.