In an effort to make it easier to run a validator or market-making business within the Canton ecosystem, we are offering a vehicle to earn rewards for those that commit sell-side liquidity to the Temple trading platform.
Liquidity Provider Rebate Program
At Temple, we're committed to rewarding those who enhance market depth and efficiency. That's why we're introducing our Liquidity Provider Rebate Program, designed to incentivize makers who contribute to a robust trading environment on our central limit order book (CLOB).
How It Works
Eligibility: As a liquidity provider (maker), you'll qualify for rebates on trades where your limit order adds liquidity to the order book and is subsequently executed by a taker.
Rebate Structure: For every eligible trade, you'll receive a 40% rebate on the taker fees collected from the matching order. This rebate is calculated based on the full taker fee amount and credited directly to your account.
Execution and Payout: Rebates are tracked automatically upon trade settlement. Payouts sent monthly.
Benefits for Liquidity Providers
Boost Your Earnings: Turn your market-making strategies into even more profitable opportunities by earning back a significant portion of the fees generated from your liquidity.
Encourage Deeper Markets: By participating, you help create tighter spreads and better pricing for all Canton Network users.
Execution and Payout: Rebates are tracked automatically upon trade settlement. Payouts sent mostly. Rebate payments will be made in Canton Coin (CC) based on USD value of taker fees and CC price at time of trade execution.