Fee Tiers
There are 4 default fee tiers when creating a Concentrated Liquidity position on NILE:
0.01% - The lowest fee tier available (1 bps), this provides the best rate for highly correlated and pegged assets: e.g. (USDC,USDT)
0.05% - The second lowest fee tier, this is good for competitive asset classes, such as USDC/WETH, which generate a lot of volume.
0.3% - This fee tier is the standard for pairs that do not fall in the other categories.
1.0% - Currently the highest fee tier available, 100bps provides sufficient fee generation to offset the risk of providing liquidity for highly volatile assets.
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