UK Derivatives Exchange Crypto Facilities Adds a New Revenue Share Program to Reward Liquidity
The Crypto facilities, which is a UK registered crypto company derivatives exchange has just gone ahead to announce that as from February 1st of this year at about 12 pm UTC, the company will be introducing a very new Revenue Share Program, also referred to as the RSP.
It was established to reward the liquidity provision together with the general participation that is taking place on the exchange.
The RSP has been made available to all
The new program has been made available to all the clients on the platform offering full transparency and will be providing the same terms to all the participants on the platform. It will be able to pay out a total of $50,000 every single week, and this will be done across all the available traders.
As a user of the platform you will be able to check the real-time share revenue which is the share estimate, this is easily found on the dashboard of your account.
Initially, the program will run for about ten weeks. After this period has lapsed the Crypto facilitates, all in their own discretion, will go ahead and decide if the program will get discontinued, modified or simply continues as it is.
The RSP will be able to measure each client’s contribution to the platform all this will be done in a week’s interval; this is on Friday of each week at about 12 pm UTC. At the end of these intervals is when each user’s revenue share gets calculated and from here it is paid out. After this, the parameters in the system are immediately reset, and it is ready for the next week’s transaction to take place.
At the time of payout, the USD amounts are easily converted to the respective crypto payout; this is done at the current CF real-time index.