Economics

Fee Collection

Locked and staked token balances are subject to fees collected by the Dapp when tokens are removed from the corresponding smart contracts. The following fees are collected (i.e. BETA release):

• Locked Balance:
  • LT Exit Fee paid by Liquidity Takers: X% of the locked amount in the capacity market.
  • LORCA Exit Fee paid by Lightning Oracles: X% of the locked amount.

• Staked Balance:
  • FF Liquidity Staking Fee: Paid by Plenny Whalers, due in PL2 based on the accrued rewards (i.e. X% of all rewards received) when collecting rewards for Fish Farming.
  • FF Fishing Fee: Paid by Plenny Whalers, due in SLP-PL2 based on the total staked balance when exiting the Fish Farming (i.e. X% of the amounts removed).
  • GOV Staking Fee: Paid by PGs, DELs and Vs, due in PL2 based on the accrued rewards (i.e. X% of all rewards received) when collecting rewards for DAO Governance
  • GOV Exit Fee: Paid by PGs, DELs and Vs, due in PL2 based on the total staked balance when exiting DAO Governance (i.e. X% of the amounts removed).

All fees are collected via the community-driven RePLENishment Trigger and are directed to the Treasury HODL.