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Users of BurgerSwap can actually vote to change parameters of the exchange, including trading fees, staking rewards, mining speed, etc. And what’s more, users can only get staking rewards if they participate in voting!
As BurgerSwap is built on Binance Smart Chain, all tokens will have BNB pairs. In addition, each asset is also required to have a BURGER pair, which needs to account for at least 1% of the liquidity of the concerning asset to be eligible for mining rewards.
Of course, users can vote to change this. The ratio is set at 1% by default, with 0.2% lower limit and 5% upper limit.
Transaction fees
Transaction fees are set at 0.3% on day one. All transaction fees are converted to BURGER and are sent to the governance pool. To be eligible to claim your share of transaction fees, you must:
The 0.3% transaction fee will automatically be swapped to BURGER tokens and transferred into the governance contract. When a new proposal is created, the total balance of BURGER tokens will transferred into the created proposal contract, and all users who participate in the voting of this proposal will share in the reward pool after the proposal ends.
