Buy and Sell Fees
sBOMB Token Fees
Last updated
sBOMB Token Fees
Last updated
sBOMB Token buy and sell fees are an important component of the SAP because fees provide capital for performing critical protocol functions.
Other protocols utilize selling bonds to support the same functions as sBOMB fees, but we believe that approach is riskier because if bonds are not purchased, the token can lose its support and spiral downward in price, as seen with several bond-based protocols.
Selling bonds also costs token holders. It reduces the amount of APY that can be offered and eliminates the ability to offer a stable APY.
The amount of the fees (8% for buys and 14% for sells) allows sBOMB to provide sBOMB token holders with the stable high yield of 382,945.41% in year one.
to see the breakdown of fees and where they go.
