Protocol Fee Configuration
To maintain the sustainability of the protocol, Weft charges transaction fees for certain operations. Please note that not all fees are fixed, and some may have a 0% rate. Refer to the protocol configuration for specific details.
Lending Fee Configuration
| Fee Type | Description | Current Setting | Protocol Share |
|---|---|---|---|
| BorrowingFee | When users take out a loan, a portion of the borrowed amount is collected by the protocol as income. | 0% | 50% |
| FlashLoanFee | For flash loans, a small percentage of the loan amount is collected by the protocol as income. | 0.1% | 50% |
| Interest | When users repay loan interest, a percentage of the total interest is allocated to the protocol as income. | Depends on pool usage | 20% |
Borrowing Fee Configuration
| Fee Type | Description | Current Setting | Protocol Share |
|---|---|---|---|
| CDPCreationFee | A fixed fee charged each time a Weft CDP (Collateralized Debt Position) is created. This acts as a Sybil resistance mechanism. | 0 XRD | 100% |
| LiquidationFee | If a user's CDP becomes unhealthy and is liquidated, a percentage of the liquidation bonus is collected by the protocol as income. | 3% to 10% (depending on asset risk) | 20% |