đī¸Trading Fees breakdown
Fees explanation
Buy Fees: LP - 3% VPF - 5% Virtus Treasury - 3% Virtus Burner - 2.5%
Sell Fees: LP - 3% VPF - 5% Virtus Treasury - 5% Virtus Burner - 2.5%
Allocation:
LP - Trading fees goes to backing the liquidity of the BNB/$VAP pair on PancakeSwap ensuring an ever-increasing collateral value of $VAP.
VPF - Trading fees are stored in the Virtus Protection Fund which helps sustain and back the staking rewards provided by the positive rebase.
Virtus Treasury - Trading fees go directly to the treasury which supports the VPF and provides a marketing budget for Virtus Finance and funds new product development.
Virtus Burner - 2.5% of all $VAP traded are burnt in the Virtus auto-token burner. The more that is traded, the more get put into the burner causing the Virtus auto-token burner to grow in size, larger and larger through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $VAP and keeping the Virtus protocol stable.
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