🦭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.

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