Trading Fees Explained

Buy Trading Fees:

4.0% - LP 5.0% - SIF 2.5% - Treasury 2.5% - Fire Pit

Sell Trading Fees:

4.0% - LP 5.0% - SIF 4.5% - Treasury 2.5% - Fire Pit

Placement:

LP - Trading fees goes to backing the liquidity of the BNB/ODIN pair on PancakeSwap ensuring an ever-increasing collateral value of $ODIN.
OIF - Trading fees are stored in the Odin 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 OIF and provides a marketing budget for Odin and funds new product development.
Fire Pit - 2.5% of all $ODIN traded are burnt in the Fire Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $ODIN and keeping the Odin protocol stable.

Last updated 3 years ago

Buy Trading Fees:

4.0% - LP 5.0% - SIF 2.5% - Treasury 2.5% - Fire Pit

Sell Trading Fees:

4.0% - LP 5.0% - SIF 4.5% - Treasury 2.5% - Fire Pit

Placement:

LP - Trading fees goes to backing the liquidity of the BNB/ODIN pair on PancakeSwap ensuring an ever-increasing collateral value of $ODIN.
OIF - Trading fees are stored in the Odin 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 OIF and provides a marketing budget for Odin and funds new product development.
Fire Pit - 2.5% of all $ODIN traded are burnt in the Fire Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $ODIN and keeping the Odin protocol stable.

Last updated 3 years ago