Maker and Taker Fees
Both, Liquidity Makers and Takers are subject to the following fees:
- Makers pay a Maker Fee. This liquidity fee is based on the channel capacity and is a percentage of the total Royalties and Channel Rewards.
- LTs pay a Taker Fee. This liquidity fee is based on the channel capacity and is a percentage of the total Royalties and Channel Rewards.
- The Maker and Taker Fee are directed to the Treasury HODL through the rebase mechanism.
- The Taker Fee is paid in PL2 and due as soon as the request is fulfilled.
- The Maker Fee is paid in PL2 and due on a transaction basis (deducted from the LOC Channel Rewards).