Trading Rebates Launch on Injective

Injective launches Trading Rebates to earn the highest maker fee rebates in the entire crypto industry.

Overall, this will help to heavily promote liquidity on Injective while also incentivizing market making, arbitrage and development activity on Injective.

The maker reward that is available is comparable to those found in AMM DEXs. A market maker can distribute their orders in an AMM fashion or create a wide array of new market making strategies that can help to beat out the liquidity found on centralized exchanges (CEXs). In a nutshell, this implies that AMM style liquidity mining rewards are now available on a fully decentralized orderbook exchange via Injective.

Injective Governance Proposal #58 for the Axie Infinity Spot market enables makers to earn a 0.2% rebate for every trade.

🔹In essence, the process will work as follows:

Let’s assume a maker posts up sell orders for the Axie spot market at $70.20. When a taker purchases AXS at $70.20, the maker will be able to earn an additional 0.2% rebate for the transaction. As a result, market makers are able to earn on every single trade!

About Injective

Injective is the first cross-chain protocol built for decentralized finance applications. On the Injective exchange, anyone can access, create, and trade unlimited DeFi markets such as futures and perpetuals. Developers can also build cross-chain Ethereum-compatible projects that are lightning fast and achieve instant transaction finality. Injective is backed by a prominent group of stakeholders including Binance, Pantera Capital and Mark Cuban.

📰 INFO

https://blog.injectiveprotocol.com/trading-rebates-are-live-on-injective-trade-earn-repeat/