Open Standard Caps Open USD Payment Fees at One Cent and Adds Equity Pool

Open Standard set a management fee on Open USD (OUSD) payment value at 0.1 basis point, capped at $0.01 per transaction, and linked partner equity eligibility to token holdings and flows. The rate equals 0.001% of payment value. A $1,000 payment generates a $0.01 fee under that rate, and the fee is capped at that amount for payments of $1,000 or more. Payments below that level are charged at 0.1 basis point of their value. Partners’ shares of a yearly equity earn-in pool are determined using monthly measures of OUSD holdings and flows.

Source: TokenPost