Decentralized Social Media Platform Friend.Tech To Return Two-Thirds Of Protocol Fees To App Users

According to PANews, Friend.tech, a decentralized social media platform, has announced that it will begin returning two-thirds of the protocol fees from Club Key exchange transactions to its app users in the coming days. The platform has stated that 0.5% of the value of each exchange transaction will go to the Club Chair, resulting in exchange traders paying 0.5% less overall. The announcement was made in advance to give users time to reconsider their votes. This change will utilize the referral fee feature in the Clubs contract. Other customers will be able to decide for themselves where the referral fee for each transaction goes.