💲Platform fees
Understand protocol fees, staking service fees, and how they stack with gas.
Last updated
Was this helpful?
Understand protocol fees, staking service fees, and how they stack with gas.
SmartDeFi™ keeps launch and usage costs as low as possible.
Most actions only require normal chain gas fees. Some platform features also have protocol-level fees.
Platform fees are separate from blockchain gas fees.
Creating a SmartDeFi™ token is free. You only pay chain gas fees.
For LGE launches, at least 30% of raised funds buy and pair FEG in the secondary LP.
Enabling the staking system burns $100 worth of FEG.
Activating the Fee Converter burns $100 worth of FEG.
The default protocol fee on buys and sells is 0.3%.
If a project uses FEG as its backing asset, the protocol fee drops to 0.1% on buys and sells.
Adding tokens to staking applies a 0.5% entry fee.
The protocol fee is separate from any project-specific taxes the token owner configures.
Users can pay three different cost types:
Chain gas fees for blockchain transactions
Protocol fees charged by SmartDeFi™
Project-specific taxes configured by the token owner
For example, if a token has a 5% project tax, the default total trading fee is 5.3%.
If the token uses FEG as its backing asset, the same trade totals 5.1%.
Last updated
Was this helpful?
Was this helpful?