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Trading Fees Explained
CBF's Trading Fees Explained
Buy Trading Fees:
3% - Auto-LP
5% - RIF (Risk Insurance Fund)
2% - Treasury
1% - The Inferno
2% - Bank
Sell Trading Fees:
3% - Auto-LP
5% - RIF (Risk Insurance Fund)
4% - Treasury
1% - The Inferno
2% - Bank
- Automatic LP 3% of all transactions return to the liquidity ensuring $CBF's increasing collateral value.
- Risk Insurance Fund 5% of all $CBF traded are redirected to the RIF which helps sustain and back the staking rewards provided by the positive rebase.
- 2% BuyFee & 4% SellFee go directly to the Treasury which supports the RIF, provides a marketing budget for Circle Base and funds new project and product development.
- 1% of all $CBF traded are burnt in the Inferno. The more that is traded, the more get put into the fire causing the fire pit to grow in size reducing the circulating supply and keeping the CircleBase protocol stable.
- CBF Bank 2% of all $CBF traded are converted to BUSD and distributed to xCBF holders. So the people who leave give to the people who stay and the people who stay longer get the bigger rewards.
Last modified 10mo ago