🦭Fee Distribution

With the addition of Concentrated Liquidity , there has to be some changes made to the fee model to adapt. The most notable changes are as such:

  • 8% of fees will be routed to the ecosystem incentives fund.

  • 20% of swap fees will be distributed to LP positions (to counter Impermanent Loss).

  • 72% of swap fees will be distributed to veNILE voters in the same manner traditional ve(3,3) does.

100% of vote bribes will still go to veNILE holders.

These parameters regarding the swap fee distribution are variable and can be changed based on the protocol health and discretion of the core-- aligned to sufficient data and analytics.

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