KEY TAKEAWAYS
- AutoLayer introduces a 0.2% transaction fee to enhance value for $LAY3R stakers and users.
- Collected fees are used to purchase $LAY3R tokens, creating consistent buying pressure and supporting token growth.
- The new fee structure directly benefits $LAY3R stakers by distributing fees, enhancing rewards, and strengthening market confidence.
AutoLayer has announced a new fee structure set to take effect on November 19th, aimed at enhancing value for $LAY3R stakers and users. Each transaction on the AutoLayer platform will incur a 0.2% fee, calculated based on the transaction volume. The collected fees will be held for a 24-hour period before being used to purchase $LAY3R tokens on the open market. This strategy is designed to create consistent buying pressure for $LAY3R, directly benefiting stakers and supporting token growth.
In a practical scenario, if AutoLayer processes a transaction volume of $500,000, the 0.2% fee would generate $1,000. Instead of merely collecting these fees, AutoLayer will convert them into $LAY3R purchases after a 24-hour hold. This approach not only benefits token holders by potentially boosting the token’s value but also integrates the fees into the token economy, rewarding stakers and strengthening market confidence.
Impact on $LAY3R Stakers
The new fee structure offers a unique advantage to $LAY3R stakers by distributing collected fees directly to them. This method ensures that the community remains central to value creation, driving a cycle of continuous growth. By channeling transaction fees back to stakers, the protocol enhances individual rewards and impacts market activity positively. Each transaction contributes to further engagement and strengthens the market presence of $LAY3R, creating a ripple effect that benefits all participants.
This self-sustaining model not only rewards loyalty and active participation but also reinforces the long-term health and vibrancy of the $LAY3R ecosystem. Through this mechanism, stakers become key stakeholders in the ongoing evolution of the token’s value.
For more details, the full announcement can be read here.
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