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Implementing a small transfer fee for ARMS Rewards between users when they either tip or transfer ARMS Rewards. The fee will go directly to the ARMS Central Repository (wheere they stop earning interest)
The main reason behind this is to prevent a two users from transferring the same ARMS Rewards between themselves and increasing their Lifetime ARMS Rewards count, increasing their guns and interest rate without some sort of penalty. So each transfer, a small amount will be retained as a fee…
Thinking about making this between 0.25 and 1% of the ARMS Reward transaction…
What do others think?
6 Comments-
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A small 0.5% transfer fee on ARMS Rewards transfers (and tips) has been implemented. This will prevent users from endlessly transferring ARMS Rewards for free, gaining guns and interest rates for free. Plus will hopefully allow us to raise revenue. In the future.
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Can these fees be sent to a burn wallet? I know there is already a limited amount of coins so maybe thats not a good idea…lol