Post by kingintheNorth1 about Steve ($STEVE)

I went looking for what holding $STEVE actually changes.

Steve’s utility page gives a concrete answer: holder tiers reduce Phoenix builder fees. The standard rate shown is 3.5 basis points, while the 30M $STEVE Platinum tier brings it to 1.75. That is a real difference, but the scope matters. Someone who mainly uses Steve for ordinary swaps should not read “up to 50% lower fees” and assume every swap costs half as much.

The number I’d like to see next is the saving in the trade preview. Show the normal Phoenix builder fee, the fee at my current tier, and the difference in dollars for this order.

Then a holder can judge the benefit against their own trading activity, instead of trying to put a value on a percentage in isolation.