Trading Fees Explained

Fees

  • LP - 4.0% Trading fees goes to backing the liquidity of the BNB/MaxAPY pair on PancakeSwap ensuring an ever-increasing collateral value of $MaxAPY.

  • IF - 4.0% Trading fees are stored in the Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

  • Vault - 3,5% Trading fees go directly to the vault which supports the IF and provides a marketing budget for MaxAPY and funds new product development.

  • Inferno - 2.5% of all $MaxAPY traded are burnt in the Inferno. The more that is traded, the more get put into the inferno causing it to grow in size, larger and larger which reduces the circulating supply of $MaxAPY and keeps the MaxAPY protocol stable.

Placement: Buy Trading Fees:

4.0% - LP 4.0% - IF 3.5% - Vault 2.5% - Inferno Sell Trading Fees: 4.0% - LP 5.0% - IF 4.5% - Vault 2.5% - Inferno

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