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What is a Profit Pool?

Disclaimer: The following information provides a general overview of the Profit Pool. Each FITER manages its own Profit Pool, in which the specific allocation details may not be fully addressed.

When users validate a FITER, the deposits will be channelled to selected CEX and DEX for trading. Profits made from trading will then go into a Profit Pool.

All FITERs have the same vision, which is to generate profit growth for the pool over the long term by capturing returns directly from the trading markets. FITE Rewards and Buddies Commission will then be distributed from the Profit Pool. Depending on the performance, FITERs may keep the extra share of the returns back to the Profit Pools. For example, FITER may earn a higher profit rate than the APR. The extra profits will then be kept in the Profit Pool. This helps ensure that the Profit Pool is always in good health, where the Total Claimable Rewards are always backed by a larger Profit Pool size. You may always check the pool health from the FITER’s profile.

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