Fees & Revenue

Protocol Revenue & Distribution of Valie

Bonding Curve Fees

Fee: 0.3% for bonding curve swaps between S & SPHERE;

50% - is distributed back to gSPHERE holders in weekly epoch distributions.

25% - distributed to ecosystem multi-sig 25% - of this is sent to the team treasury as royalty

Borrowing Fees (From Bonding Curve)

Fee: 2.5% one off fee for borrowing S with gSPHERE; 25% - distributed to ecosystem multi-sig 25% - of this is sent to the team treasury as royalty

Fund Farmed Revenue (from cPoL)

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.