Fees & Revenue
Last updated
Last updated
Fee: 0.3% for bonding curve swaps between S & SPHERE; 50% - of this is sent to the SonicSphere treasury / multisig for ongoing maintenance, operations and technical upkeep. 50% - is distributed back to gSPHERE holders in weekly epoch distributions.
Fee: 2.5% one off fee for borrowing S with gSPHERE; 50% - of this is sent to the SonicSphere treasury / multisig for ongoing maintenance, operations and technical upkeep. 50% - is distributed back to gSPHERE holders in weekly epoch distributions.
100 % Fund Farmed Revenue to gSHPERE holders - All revenue collected from Yield Bearing assets acquired by the protocol will be auctioned off in secondary auctions. Participants of these auctions will use SPHERE as the counter asset to purchase the “fund farmed yield”, from these secondary auction gauges and distributed entirely to gSHPERE holders.