SwissBorg, a prominent European app for crypto investing and earning, has announced the launch of Dynamic Elite Ranks. This new feature represents an evolution of its Paid to Trade model, designed to reward the most committed community members with up to 99% of their exchange fees returned as BORG cashback.
Dynamic Elite Ranks build upon the existing Loyalty Ranks system, enhancing user benefits. For individuals positioned at the highest tiers of the Loyalty Score leaderboard, trading fees are significantly reduced, becoming nearly negligible.
A New Phase of Paid to Trade
The Dynamic Elite Ranks are specifically crafted for users who exhibit both long-term conviction and active trading engagement within the SwissBorg ecosystem. This initiative is not merely an additional perk; it serves as a reinforcement of the BORG buyback flywheel, tailored for those who contribute most significantly to the platform's growth. Users who are already among SwissBorg’s top Loyalty Score holders will find that trading becomes substantially more cost-effective.
What Are Dynamic Elite Ranks?
Dynamic Elite Ranks introduce an additional stratum atop SwissBorg’s established Loyalty Ranks system, aiming to recognize and reward the most dedicated members of the community. Unlike conventional tiers with static thresholds, Elite Ranks are determined by a user's standing on the Loyalty Score leaderboard. This means a user's rank is relative to the broader community, allowing positions to fluctuate over time. In return for maintaining a top position, Elite members gain access to industry-leading exchange fee cashback, potentially reaching up to 99%.
Dynamic Elite Cashback Levels
- •Top 10 Loyalty Scores: up to 99% cashback
- •Top 100 Loyalty Scores: up to 95% cashback
- •Top 500 Loyalty Scores: up to 92% cashback
A user's Dynamic Elite Rank is not solely contingent on the amount of BORG locked. Instead, it is determined by their overall position on the Loyalty Score leaderboard, which reflects both commitment and active participation. The Loyalty Score aggregates locked BORG (with one BORG equaling one point), a non-cumulative multiplier, and any bonus points acquired, some of which may be temporary. This multifaceted structure ensures the system remains fair, dynamic, and a true representation of ongoing contribution, rather than solely static holdings.
By design, Dynamic Elite Ranks are not fixed. If another user surpasses a participant on the Loyalty Score leaderboard, their rank and corresponding cashback level can be adjusted. This mechanism fosters healthy competition, encourages continuous engagement, and provides a live reflection of the strongest supporters within the SwissBorg ecosystem. Elite members are incentivized to maintain a comfortable lead rather than operating on the edge, positioning Loyalty Ranks as an evolving system rather than a one-time accomplishment.
How to Check Your Elite Rank
Checking your Dynamic Elite Rank is a straightforward process within the SwissBorg app:
- Open the SwissBorg app.
- Navigate to the 'Elite' section to upgrade if necessary.
- Access the 'Profile' tab.
- View your 'Loyalty Score position'.
Additionally, users can review the cashback received directly within the summary of each individual transaction.
When a user trades, a portion of the exchange fee is utilized to purchase BORG from the market. This acquired BORG is then returned to the user as weekly cashback. For top Elite members, this process establishes a powerful flywheel effect: it generates near-zero effective trading fees, facilitates automatic BORG buybacks, and provides cashback that is auto-locked, thereby reinforcing their rank. The more actively a user trades, the more potent this loop becomes.
Dynamic Elite Ranks further enhance the BORG token economy by directly linking trading activity with long-term holding incentives. Increased trading activity leads to more BORG buybacks, which in turn results in more cashback and consequently, more locked BORG, ultimately reducing selling pressure. The individuals who hold the largest amounts of BORG are often also the most active traders, and Dynamic Elite Ranks effectively align these incentives in a manner that benefits both the ecosystem and its most dedicated participants.
About SwissBorg
SwissBorg stands as a leading community-driven crypto wealth management platform, developed in Switzerland and licensed within the EU. With a steadfast commitment to trust and transparency, SwissBorg is dedicated to democratizing the future of finance, aiming to make financial freedom accessible to everyone. At its core lies the innovative Meta-Exchange, which seamlessly integrates with multiple centralized and decentralized exchanges to ensure users receive the best liquidity and pricing. Beyond trading functionalities, SwissBorg offers curated yield strategies through decentralized finance (DeFi) and provides users with opportunities to access early Web3 ventures via its Alpha Pre-Sales. The BORG token is central to the SwissBorg ecosystem, offering a wide array of benefits to its holders.