VOLUME FEE

In this section you can learn more about C-Mizar volume fees

Mizar users are subject to a daily volume fee determined by the trading activity on that specific day. This fee is deducted from their Mizar credits. Importantly, volume fees are contingent on the actual trading volumes, ensuring users only incur charges when actively trading. Mizar imposes a maximum trading fee of 0.1% on each dollar traded, which can reduced of 95% by staking MZR.

Every user receives $1 in complimentary Mizar credits and $10,000 in free volume during the initial calendar month. Additionally, users are entitled to $1,000 in free traded volume each month.

Examples

  1. Trader B has 5 active subscriptions. In total, the bots trade, in one day, $46,000 of volume. On that day, the STAR level of Trader B is "Nebula", which implies a fee of 0.1%. Mizar applies the following volume fee: $46,000 * 0.1% = $46.0.

  2. Trader C has 15 active subscriptions. In total, the bots trade, in one day, $500,000 of volume. On that day, the STAR level of Trader C is "Super Nova", which implies a fee of 0.0053% applied to each traded volume. Mizar applies the following fee: $500,000 * 0.0053% = $26.5.

IMPORTANT: If a user has no available Mizar credits nor free volume left, the bots could run in a limited mode and positions could not be opened or managed. Always make sure to have enough Mizar credits or free volume to avoid bots running in limited mode.

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