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Haircut
Learn more about how fee is distributed.
When users make trades on Platypus, haircut is collected by the protocol. Haircut is a fee to support and encourage the operation of the platform.
Haircut | |
---|---|
Main Pool | 0.01% |
sAVAX Pool | 0.15% |
yyAVAX Pool | 0.04% |
ankrAVAX Pool | 0.1% |
USD Pools in Alternative Pool
(YUSD, FRAX, MIM, MONEY, axlUSDC) | 0.03% |
BTC.b Pool | 0.04% |
ankrETH Pool | 0.1% |
Factory Pools | 0.03% |
A portion of haircut collected remains in the AMM system according to retention ratio.
Initially, the retention ratio is 100%, and all fees collected remains in the AMM. If retention ratio is set to be lower than 100%, the rest of the haircut will be distributed to liquidity providers.
Last modified 7mo ago