Wombex.finance
  • πŸ€–Welcome
  • πŸ™ŒWombex.finance
    • Introduction to Wombex
      • For $WOM holders
      • For Liquidity providers
      • For WMX holders
      • Protocol fees
  • WMX token
    • Distribution
    • WOM Wars Bootstrap event
    • Airdrop
  • User guides
    • Basics
    • Staking WOM into wmxWOM
    • WMX Vote Locking
    • Liquidity provision
    • Rewards claiming
    • Bribes
    • Using Gnosis Safe and Wombex
    • How to bridge WMX to Arbitrum
  • Governance
    • Multi-sig compositon
  • Risks
  • Audits
  • Wombex architecture
  • Deployed addresses (BNB Chain)
  • Deployed addresses (Arbitrum One)
  • πŸ”—Links
    • Twitter
    • Business inquiries
    • Discord
    • Github
    • Wombex.finance
    • Terms & Conditions
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  1. Wombex.finance
  2. Introduction to Wombex

Protocol fees

Fees act as value distribution mechanism between wmxWOM, vlWMX, and LPs stakers.

Wombex fees structure incentivizes vote-locked WMX governance and community engagement as well as veWOM acquisition.

Fees are collected in mined WOM and third-party token incentives and aren’t charged from other revenue streams such as veWOM admin fees or any airdrops to veWOM holders.

Fees values:

  • 5% goes to wmxWOM stakers, paid out in WOM

  • 10% goes to vlWMX stakers, paid out in wmxWOM

  • 0.1% goes to harvest caller in WOM

Fees can be adjusted by governance in a hard-coded range with a total ceiling of 25%:

  • 3-10% for wmxWOM stakers

  • 5-15% goes to vlWMX stakers

  • 0.01-0.2% goes to harvest caller

  • 0-3% treasury fee

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Last updated 2 years ago

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