Protocol Service Fee
As of present, there are 4 types of fees on the LEVER protocol and only one is charged by LEVER.
Loan Interest: needs to be paid by borrowers and 100% goes to lenders. Please refer to the Markets page for the latest rate.
Liquidity Provider Fee: 100% charged by third party AMMs, like Uniswap, PancakeSwap and Mdex when swapping. Fees vary from trading pair to trading pair.
Gas Fee: transaction fees for blockchain usage, which depend on the network status and transaction complexity.
Service Fee: the only one fee charged by the LEVER protocol which is 0.3% of your loan. It's a one time charge and will be added to your loan. The fee collected will be used for future LEV buyback.
Last modified 1yr ago