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fees & collateral parameters
summary of fees charged by the handle.fi protocol
below is a summary of the initial fees charged by the handle.fi protocol.
action | fee | description |
mint | nil | added to the minted value of fxTokens. |
burn | nil | charged from user vault collateral. |
deposit | nil | charged from user vault collateral. |
withdraw | nil | charged from user vault collateral. |
liq. fee | variable % | charged from liquidating users vault collateral.
*50% to fxKeeper pools, 50% to protocol. |
redemption | | charged from user vault collateral. |
int. rate | variable | added to users fxToken debt. |
convert fees
trading Pair | convert fee |
same currency stablecoin(FX) | 0.04% |
multicurrency stablecoin(FX) | 0.10-0.30% |
fxToken - ETH | 0.10%-0.30% |
to any other ERC20 | 0.30% |
collateral parameters
collateral | min. C-Ratio | int. rate | liq.fee |
ETH | 200% | 2.50% | 12.5% |
initially all fees and system parameters will be set by handle.fi DAO governance.
a move to algorithmically controlled fee and parameter mechanisms is planned to be implemented in future protocol upgrades.
Last modified 1yr ago