Service Fees
In accordance with paragraph 1 of Provision 16 of the Bitbon System Public Contract, the Bitbon System envisions a service fee paid by Bitbon System Users for maintaining and developing the Bitbon System infrastructure. The service fee consists of two parts: infrastructure fee and operation fee.
The infrastructure fee in the Bitbon System is part of the service fee for using the Bitbon System infrastructure, which is mandatory and deducted in Bitbon units.
The terms of collection, the procedure for calculating and deducting service fees in the Bitbon System are determined in the Appendix to the Bitbon System Public Contract Service Fees in the Bitbon System: the Procedure for Their Deduction and Distribution. The infrastructure fee is calculated based on the base rate (hereinafter — BR).
Infrastructure Fees for Using Base Services
Bitbon Unit Transfers
Assetbox Management
* The list of established service fees is not exhaustive and will be supplemented as base services of the Bitbon System and their functions are implemented in accordance with the Roadmap.
Mechanism for the Base Rate Calculation in the Bitbon System
The base rate is an integral component and one of the key elements of the economic model of the Bitbon System. The main objective of the base rate is to maintain the internal economic balance as well as to provide mechanisms for adjusting the economic model of the Bit bon System to other economic models outside the Bit bon System. Therefore, the implementation of a mechanism for calculation of the base rate is an important task, and is planned in two stages:
- Stage 1 (current) — implementation of the component for calculating the base rate value based on information about the cost of ERBB and/or Bitbon on various trading platforms and in services as well as publication of information about the base rate calculation mechanism. The calculated base rate values at this stage are indicative (introductory) in nature and are not used to calculate the service fee in the Bitbon System;
- Stage 2 (next) – full implementation of the mechanism for the base rate calculation and its application to determine the value of service fees in the Bitbon System.
Below, you can find a chart that shows the history of changes in the base rate value if the mechanism for its calculation had been implemented in January 2024.