Trading Fees Explained
Buy Fees: 14%
β’ Liquidity Pool: 4%
β’ Risk Insurance Fund (RIF): 5%
β’ Finance Protocol Treasury: 2%
β’ Finance Protocol Bank: 2%
β’ The Bonfire: 1%
Sell Fees: 17%
β’ Liquidity Pool: 4%
β’ Risk Insurance Fund: 5%
β’ Finance Protocol Treasury: 3%
β’ Finance Protocol Bank: 2%
β’ Reward FP NFT Holder: 2%
β’ The Bonfire: 1%
Placement:
β’ Liquidity pool - trading fees go to support the liquidity of the $FP/BNB pair on PancakeSwap, providing an ever-increasing value for $FP.
β’ Risk Insurance Fund (RIF) - Trading fees are held in the RIF, which helps support the staking rewards provided by positive rebase.
β’ Finance Protocol Treasury - Trading fees go directly to the Finance Protocol Treasury, which support RIF and provides the marketing budget and funds new product development.
β’ The Bonfire - 2% of all sold $FP tokens are burned in the bonfire. The more traded, the more tokens are burned in the fire, thereby reducing the circulating supply of $FP tokens, and the cost of tokens remains unchanged, ensuring the stability of the project.
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