🤝Trading Fees Explained
Buy Trading Fees: 14%
4.0% - LP 5.0% - RFF 2.5% - Treasury 2.5% - Venom Pit
Sell Trading Fees: 16%
4.0% - LP 5.0% - RFF 4.5% - Treasury 2.5% - Venom Pit
Placement:
LP - Trading fees goes to backing the liquidity of the BNB/MEDUSA pair on PancakeSwap ensuring an ever-increasing collateral value of $MEDUSA.
RFF- Trading fees are stored in the Risk Free Fund which helps sustain and back the staking rewards provided by the positive rebase.
Treasury - Trading fees go directly to the treasury which supports the RFF and provides a marketing budget for Medusa and funds new product development.
Venom Pit - 2.5% of all $MEDUSA traded are burnt in the Venom Pit. The more that is traded, the more get put into the fire causing the Venom pit to grow in size, larger and larger through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $MEDUSA and keeping the Medusa protocol stable.
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