💱Protocol Fees

  • Trading Fees: AMM Liquidity Providers (LPs) earn a portion of the trading fees.

  • Redemption Fees: When a user redeems Basefee for wstETH at a discount, the protocol charges a redemption fee, which is distributed between the $GS DAO and the Stability Pool.

  • Liquidation Fees: Liquidators receive a share of the liquidation fees.

  • Minting Fees: The minting fee is allocated to the GB DAO treasury.

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