Welcome to Virtus Finance
  • 🚀Virtus Finance Overview
    • 📌How Does The Auto-Staking Feature Work?
    • 📌What is a Rebase Token?
  • 🔰Virtus Protection Fund (VPF)
  • 🛅The Virtus Treasury
  • đŸ”ĨVirtus Auto Token Burner
  • âš–ī¸Virtus Auto-Liquidity Pool (VALP)
  • đŸŽ¯What is the APY?
    • 📌How is the APY Backed?
    • 📌How is the APY Calculated?
  • 🌐Periodic Interest Cycle (PIC)
  • đŸĨ‡$VAP Token
    • 📎$VAP Buy & Sell Fees
      • đŸ–‡ī¸Trading Fees breakdown
  • 🍁Road Map
  • đŸ›Šī¸PinkSale Pre-Launch
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  1. $VAP Token
  2. $VAP Buy & Sell Fees

Trading Fees breakdown

Fees explanation

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Last updated 3 years ago

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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Tokenomics