# Fee Discounts for $SPRK Stakers

With the latest relaunch of **SparkDEX Eternal Perps Exchange on Flare Network**, active traders can now save more simply by staking their $SPRK. When you stake your tokens, you receive **xSPRK**, which not only earns you staking rewards but also unlocks **exclusive perpetual trading fee discounts** - directly tied to how much xSPRK you hold.

#### How It Works

1. **Stake $SPRK to Get xSPRK**
   * Go to the [**SparkDEX Stake Page.**](https://sparkdex.ai/stake)
   * Deposit your $SPRK tokens to mint **xSPRK** at a 1:1 ratio.
   * Your xSPRK balance increases over time as staking rewards accrue.
2. **Hold xSPRK and Trade on SparkDEX Perps**
   * Your discount is applied **automatically** — there’s no need to claim or activate anything.
   * Discounts apply to all **position (trading) fees** when opening or closing positions.
3. **Move Up the Tiers**
   * The more xSPRK you hold, the higher your fee discount.
   * Your discount tier is determined dynamically, based on your xSPRK balance at the time of trade.

### **Example Scenario: Discount Rate is automatically applied**

<div align="left" data-full-width="true"><figure><img src="/files/vIautQq0YSgEcMWgmsSk" alt=""><figcaption></figcaption></figure></div>

#### Discount Tiers

| **Tier**  | **xSPRK Balance** | **Fee Discount** |
| --------- | ----------------- | ---------------- |
| 🟠 Tier 1 | 10,000 xSPRK      | 5%               |
| 🟠 Tier 2 | 100,000 xSPRK     | 10%              |
| 🟠 Tier 3 | 2,000,000 xSPRK   | 20%              |

> 💡 **Example:**\
> If you hold 100,000 xSPRK, you qualify for **Tier 2**, and your perpetual position fees will automatically be reduced by **10%** on every trade.

#### Why Stake?

* **Save While You Trade:**\
  Enjoy lower trading costs every time you open or close a perpetual position.
* **Earn Dual Benefits:**\
  Keep earning your regular staking rewards while benefiting from fee discounts — no trade-off required.
* **Support the SparkDEX Ecosystem:**\
  Staking $SPRK strengthens liquidity and aligns your incentives with the long-term growth of SparkDEX.

#### Important Details

* Discounts apply only to **position (open/close) fees**, not to funding or liquidation fees.
* Your discount is determined by your **current xSPRK balance** at the time of trade execution.
* Unstaking your $SPRK will reduce your xSPRK balance, which may affect your tier and discount.

#### Quick Start:

1. Go to the [**Staking Dashboard**](https://sparkdex.ai/stake)
2. Connect your wallet and stake your $SPRK to mint $xSPRK
3. Start trading on [SparkDEX Perps](https://sparkdex.ai/perps) — your fee discounts are applied automatically.

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