Passage Loyatly Program

Starting February 1st, 2024

Objective

To foster loyalty and retention among our existing and new users, Bracket Labs will launch an all-new Loyalty Program for the Passage marketplace. This program will have several tiers based on the amount of trading volume by each wallet. For each tier achieved, a trader can obtain a maximum fee cap for the following month. After the month, the trader will need to re-qualify by trading on the platform.

Tradaing Volume Tiers

Tiers	Monthly Trading Volume	Normal Fee	Loyalty Fee
1	>$25,000	1.25%	1.00%
2	>$12,500	1.50%	1.25%
3	>$5,000	1.75%	1.50%
4	>$2,000	2.00%	1.75%
5	>$750	2.50%	2.00%
6	>$300	3.00%	2.50%

Qualifications

• Maximum fee cap means even if a user does small trades (i.e $25 trades equates to 3% trading fee), the associated loyalty fee would be capped at 2.5% if the user was in tier 6.

• Trading volume is calculated based on executed Passage trades (not only orders) placed on the order book

• Trading volume tiers will apply for the subsequent month (Feb 2024 = month 1, loyalty fee tier will apply for the subsequent month (March 2024 = month 2)

Example:

Month 1, the trader executes the following Passage trades which surpasses over $8,000 and qualifies the account for tier 3 bonus (1.5% or lower).

Trade	Amount	Normal Fee	Loyalty Tier Fee
1	BTC Stay In - $100	2.5% or $2.5	1.5% or $1.5
2	ETC Stay In - $10	3.0% or $0.3	1.5% or $0.15
3	BTC Stay In - $1,500	1.5% or $22.5	1.5% or $22.50
4	ETC Stay In - $400	1.75% or $7.00	1.5% or $6.00
5	BTC Stay In - $5,500	1.25% or $68.75	1.25% or $68.75
6	ETC Stay In - $50	3.0% or or $1.5	1.5% or $0.75
Total Trading Volume	$5,000.00	$102.55	$99.65 - savings of $3.90