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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).