Dear Tokens.net community,
We all value the cryptocurrency industry for its uncharted territory and exceptional options, yet playing by the rules is a necessity for future growth. The regulatory landscape in the crypto world is adapting to market developments and for an exchange to stay on top while maintaining paramount service is work in progress.
Tokens.net strives to become an even better cryptocurrency exchange and the upcoming regulatory changes prompt us to update the exchange business model and DTR token utility.
For this reason, on Thursday, October 1st, we are updating some of the functionalities of the trading platform which will not affect the trading experience itself. Due to regulatory constraints, we will no longer perform destruction events at regular intervals or tie the amounts to a percentage of trading fees revenue. Instead, we have designed a favourable new fee structure that will serve Tokens.net users.
Details regarding the change will be provided at feature launch, announced for October 1st, so stay tuned.