MultiversX Tracker is Live!

Binance Liquid Swap: Distribution of Trading Fee portion of Total yield

Binance

Cryptocoins Exchanges / Binance 239 Views

For the Binance Liquid Swap: I am wondering how the Trading Fee portion of the Total Yield is distributed? e.g. I have provided Liquidity for an asset pair (DOGE/USDT) @ 12.35% ==> Rewards: 5.65% BNB + Trading fee: 6.69%. How is the Trading Fee distributed? I can see the Distribution History, hourly log showing the BNB Distribution Amount. I'm assuming this is the 5.65% portion. Where can I find/monitor the Trading Fee Distribution Amount for the 6.69%?

I read the Terms of Use/ BLS User Agreement, but only find imprecise language, e.g.

A.a: "Users could enjoy the handling fee income generated by the Binance Liquid Swap transactions".

A.b: "... users unconditionally authorize Binance to allocate and distribute the handling fee income generated by the Binance Liquid Swap transaction in a reasonable manner"

A.c: "The assets added by users could enjoy the handling fee income generated by the Binance Liquid Swap transactions... "

How/when/where is the Trading/Handling fee income distributed to liquidity providers?

submitted by /u/Sweet-Calendar-412
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments