What is the fee structure for Sushiswap?

3 answers

• Nov 24, 2021 · 3 years ago
  Sushiswap has a fee structure that is designed to incentivize liquidity providers and traders. The fees on Sushiswap are divided into two parts: the trading fee and the liquidity provider fee. The trading fee is charged to traders when they make a trade on the platform. The liquidity provider fee is paid to liquidity providers who provide liquidity to the platform. The trading fee is set at 0.3% of the transaction amount, while the liquidity provider fee is a portion of the trading fee that is distributed to liquidity providers based on their share of the total liquidity pool. The exact amount of the liquidity provider fee depends on the liquidity provider's share of the pool and the trading volume on the platform. Overall, the fee structure on Sushiswap is designed to be fair and transparent, providing incentives for both traders and liquidity providers.
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• Nov 24, 2021 · 3 years ago
  The fee structure for Sushiswap is quite simple. When you make a trade on Sushiswap, you will be charged a trading fee of 0.3% of the transaction amount. This fee is automatically deducted from your transaction and goes to the liquidity providers on the platform. The liquidity providers are the ones who supply the tokens for trading on Sushiswap, and they receive a portion of the trading fee as a reward for providing liquidity. The exact amount of the liquidity provider fee depends on the liquidity provider's share of the total liquidity pool. So, the more liquidity you provide, the more fees you can earn. It's a win-win situation for both traders and liquidity providers.
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• Nov 24, 2021 · 3 years ago
  The fee structure for Sushiswap is similar to that of other decentralized exchanges. When you make a trade on Sushiswap, you will be charged a trading fee of 0.3% of the transaction amount. This fee is used to incentivize liquidity providers to provide liquidity to the platform. The liquidity providers receive a portion of the trading fee as a reward for their contribution to the liquidity pool. The exact amount of the liquidity provider fee depends on the liquidity provider's share of the total liquidity pool and the trading volume on the platform. Sushiswap aims to provide a fair and transparent fee structure that benefits both traders and liquidity providers.
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