Trading Fees Explained

Buy Trading Fees:

2.0% - LP 2.0% - SBIF 2.0% - Treasury 2.0% - BOMBfire

Sell Trading Fees:

2.0% - LP 2.0% - SBIF 2.0% - Treasury 6.0% - Sell Fee 2.0% - BOMBfire

Placement:

LP - Trading fees go towards backing the liquidity of the BOMB/sBOMB pair on BOMBswap ensuring an ever-increasing collateral value of sBOMB.
SBIF - Trading fees are stored in the SUPERBOMB Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.
Treasury - Trading fees go directly to the treasury which supports the SBIF and provides a marketing budget for sBOMB and funds new product development.
BOMBfire - 2% of all sBOMB traded is burnt in the BOMBfire. The more sBOMB traded, the more gets put into the BOMBfire causing the fire pit to grow larger. This reduces the circulating supply of sBOMB and keeps the sBOMB protocol stable.

Last updated 2 years ago

Buy Trading Fees:

2.0% - LP 2.0% - SBIF 2.0% - Treasury 2.0% - BOMBfire

Sell Trading Fees:

2.0% - LP 2.0% - SBIF 2.0% - Treasury 6.0% - Sell Fee 2.0% - BOMBfire

Placement:

LP - Trading fees go towards backing the liquidity of the BOMB/sBOMB pair on BOMBswap ensuring an ever-increasing collateral value of sBOMB.
SBIF - Trading fees are stored in the SUPERBOMB Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.
Treasury - Trading fees go directly to the treasury which supports the SBIF and provides a marketing budget for sBOMB and funds new product development.
BOMBfire - 2% of all sBOMB traded is burnt in the BOMBfire. The more sBOMB traded, the more gets put into the BOMBfire causing the fire pit to grow larger. This reduces the circulating supply of sBOMB and keeps the sBOMB protocol stable.

Last updated 2 years ago