Trading Fees
Trading Fees explained
Buy Fees: 13%
Liquidity Pool: 4%
Risk Insurance Fund (RIF): 6%
Bank: 2%
Firepit: 1%
Sell Fees: 17%
Liquidity Pool: 4%
Risk Insurance Fund: 6%
Treasury: 2%
Reward For NFT Holder: 2% (soon)
Bank: 2%
Bonfire: 1%
Placement:
Liquidity Pool - Trading fees go to backing the liquidity of the $SHO/BNB pair on PancakeSwap ensuring an ever-increasing collateral value of $SHO.
SHO Risk Insurance Fund (RIF)- Trading fees are stored in the RIF which helps sustain and back the staking rewards provided by the positive rebase.
The Treasury - Trading fees go directly to Treasury which supports the RIF and provides a marketing budget for $SHO and funds new product development.
The Firepit - 2% of all $SHO traded are burnt in the firepit. The more that is traded, the more get put into the hole causing the black hole to grow in size, larger and larger through self-fulfilling auto-compounding which in return acts to reduce the circulating supply of $SHO and keeps the $SHO project stable.
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