Fees on DeFiChain
Usage of DeFiChain generally consists of the following fees:
- Miner fee
- Operator fee
- DeFi fee
Miner fee
Miner fee is the small fee, paid in UTXO DFI, to masternodes (also referred to as miners) for transaction validation and inclusion in a block.
This works the same as Bitcoin blockchain, measured in data size, e.g. price per byte.
Operator fee
As part of DeFiChain generalization, many services will soon be run by operators.
For providing of services and applications on DeFiChain, operators are able to determine fees for the services that they would charge freely. Fees can be in any form of tokens, DFI or operators' own tokens, or a combination of multiple tokens. What an operator chooses to do with the operator fee is at the operator's discretion.
DeFi fee
DeFi fee is charged for all DeFi transactions on DeFiChain regardless of operators.
Fee schedule
All fees are burned in a trackable and transparent manner.
The following fees are for illustrative purposes only and have yet to be fully determined.
| Operations | Burn amount (in DFI) |
|---|---|
| Masternode | |
| Registration | 10 |
| Operator | |
| Registration | 1000 |
| Tokenization | |
| Create a new token | 100 |
| Liquidity pool | |
| Create pool | 300 |
| Swap (for non-DFI pairs) | 0.01 |
| Governance | |
| Initiate community fund request | 5 |
| Initiate vote of confidence | 25 |
| Initiate block reward reallocation proposal | 250 |
| Interchain exchange | |
| Atomic swap | 0.01 |
| Oracle | |
| Create price feed | 100 |
| Appoint oracle | 20 |
| Loan | |
| Loan interest | TBD |
| Liquidation fee | TBD |
| Option pool | |
| Create pool | 300 |
| Option contract creation | 0.01 |
| Bonus payout fee | TBD |
| Future | |
| Create future market | 300 |
| Trade fee | TBD |