๐ธFee Distribution
With each wrap and unwrap fee collected from potion usage, burn fees and partner fees are subtracted from the total as priority to burn the set % of LTKN, along with distributing the designated % of LTKNs to the specified partner. The remainder of the fees are converted and used to market buy YEL. Of the market bought YEL, 90% of the YEL are distributed to liquidity providers of the potion where the fees originated from, with the final 10% being burned and taken out of circulation forever.
Detailed information about each potion fee option are as follows:
Fee
Description
Wrap Fee
The % of liquid tokens (LTKN) collected as fees for wrapping assets to the potion.
Unwrap Fee
The % of liquid tokens (LTKN) collected as fees for unwrapping assets from the potion.
Burn Fee
The % of total fees allocated to the burning of the liquid token (LTKN), with a maximum of 45%.
AMM Buy/Sell Fee
The % of fees applied to the buys & sells of the liquid token (LTKN) done directly via DEX.
Partner Fee
A % of total fees (up to 5%) that are distributed as liquid tokens (LTKN) to a specified wallet allocated by the creator of the potion.
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