FTT Demand Incentives

FTT has designed incentive schemes to increase network effects and demand for FTT, and to decrease its circulating supply.

Fee Discount

• The FTX platform launched a discount policy on trading fees for holding FTT on August 26, 2019. FTT holders enjoy commission discounts for contract and OTC transactions.

Buy & Burn

• FTX is also using part of its revenue to repurchase FTT from the market on a weekly basis, effectively lowering the total supply of FT, creating a deflationary effect.
• The FTX team repurchase and burn FTT on a weekly basis which equals to:
• 33% of all fees generated on FTX markets
• 10% of net additions to the insurance fund (“Socialized Gain”)
• 5% of fees earned from other users of the FTX platform

Other Utilities

• Futures Margin: FTT can be directly used as a position margin in the futures trading process, which is conductive to creating utility for FTT and drive market demand.
• FTT Token Holder: Holders of FTT can receive distribution from the insurance funds.