Filliquid
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  • 🐷Welcome to Filliquid Docs
  • 🔵About FILLIQUID
  • 🧐How it works
    • Design Architecture
    • Staking and Redemption by FIL Token Holders
    • Borrowing and Repayment by Storage Providers (SPs)
    • Transaction Fees
    • Risk Management Mechanisms
  • 🔮Staking User Guide
    • Staking Yield Allocation
    • Benefits for Token Holders
    • FILLiquid Reward Mechanism -FIT
    • How to Stake Filecoin
      • Preparing Wallet
      • Connect Wallet
      • Stake Filecoin
      • Withdraw Filecoin
    • How to Utilize FIT
      • Stake FIT to Earn FIG
      • Stake FIG to Earn FIL
    • More Instructions
      • Understand Filecoin (FIL) Wallet Address
      • Fees (Protocol Revenue)
      • FIL/FIT Exchange Rate Mechanism
  • Storage Provider GUIDE
    • Borrowing Interest Rate
    • Borrowing Filecoin
      • Binding and Unbinding For Borrowers
      • How to Bind a Miner in FILLiquid
      • Borrowing FIL For Storage Providers
      • Repayment of Loan
      • Precautions Notes
    • Liquidation Mechanism
    • Family Miners
    • Debt Farming for SP
  • ⚡ECONOMICS
    • FIT Token
    • 🐽FIG Token
      • Voting Power
    • Contract Address (CA)
    • Audits
    • 👨‍💻Bug Bounty Program – 500,000 FIG Tokens in Rewards
  • 🆘Trouble shooting
    • 🙋FAQ
      • FIL Staking QnA
      • Farming QnA (FIT Staking)
      • Dividend QnA (FIG Staking)
  • 🗺️Roadmap
    • Roadmap
  • ⁉️Understanding Filecoin Ecosystem
    • What is Filecoin
    • What is Storage Provider
    • Background
    • Introduction
    • What is FILLiquid
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  1. How it works

Transaction Fees

FILLiquid employs two transaction fees on the protocol:

  1. Storage Providers pay a 1% transaction fee when borrowing FIL from the FILLiquid liquidity pool

  2. Staking users pay a 0.1% transaction fee when FIT is used to redeem/withdraw FIL from the ecosystem.

All transaction fees are denominated in FIL.

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Last updated 3 months ago

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