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Fee Structure

Satin Exchange swap fees are some of the lowest available in DeFi. An additional advantage of $CASH pairs is that trading fees are halved. The trading fees are as follows:
  • Stable pairs - 0.01% / 0.005% if pair includes $CASH
  • Volatile pairs - 0.2% / 0.1% if pair includes $CASH
If both tokens of a liquidity pool's pair are whitelisted by Stabl Labs to be staked in gauges and receive SATIN emissions rewards, the liquidity providers of that pair will not receive swap fees. The profits expected by the liquidity providers staking on gauges are solely derived from SATIN emissions.
In contrast, veSATIN holders who vote to incentivize a particular gauge with emissions will receive swap fees from the liquidity pair that they voted for. This creates the incentives for veSATIN lockers to vote for the gauges that produce the highest volume in swap fees. The amount of fees earned by veSatin holders depends on the pool that they vote for. Trading fee distribution is as follows:
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Main Pools -
  • 90% fees to veSatin voters
  • 10% converted to stables and sent to $CASH investment treasury to increase the yielding power of $CASH
Official Partner Pools -
  • 65% fees to veSatin voters
  • 25% to partner treasury
  • 10% converted to stables and sent to $CASH investment treasury to increase the yielding power of $CASH
Through this mechanism, the system provides veSATIN holders with the power to incentivize swap fees instead of total liquidity. The destination of SATIN emissions is in the hands of the lockers.
If a liquidity pool is not whitelisted to be staked in the gauge, it will receive all the swap fees it generates but have no SATIN emissions. Likewise, liquidity providers that do not stake the LP in gauges will receive the swap fees, but no SATIN emissions.