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
ā€‹
charged from user vault collateral.
int. rate
variable
added to users fxToken debt.
convert fees
trading Pair
convert fee
same currency stablecoin(FX)
0.00%
multicurrency stablecoin(FX)
0.00%
to any other ERC20
0.00%
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 1d ago
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