Fees and Distribution
Last updated
Last updated
The .3% fee* applied to each trade is collected and broken down as follows:
50% of all fees are returned to Liquidity Providers and accrue in real time. 33% of all fees are used to buyback and burn* OpenX, removing it from circulation forever. 17% of all fees are used to buyback OpenX and distribute it to holders of xOpenX.
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Trades utilizing the are subject to an additional fee of .03%.
*Any user .