Example Use Cases

Example 1: Alice wants to deposit $50,000 in RUBY and USDP to a liquidity pool. In return, she will receive an LP token that pays her a share of the 0.25% of every swap allocated to liquidity providers. Alice enters a raffle and wins an NFT that increases this share by 0.02%—an 8% increase on the default amount.

Example 2: Bob runs a bot that he estimates will place trades totaling $1 million in volume in a year. He knows that he will pay 0.3% commission fees, or a total of $3,000. Bob wins an NFT that reduces this to 0.24%. This represents a 20% rebate, saving him $600 on $1 million trading volume.

Additional gemstone functionality may be implemented in the future.