Trading fee schedule
Fee application and fee destination, as the contracts hold them
Fee application
| transaction | fee | collected by |
|---|---|---|
| Purchase of HOOK on the pool | 5.00% | the fee hook, inside the swap |
| Sale of HOOK on the pool | 5.00% | the fee hook, inside the swap |
| Transfer, wallet to wallet | none | the fee is a property of the pool, not of the token |
| Stake, redemption of stake, claim | none | network fee only |
Fee destination
| leg | of each swap | application |
|---|---|---|
| Distribution leg | 4.00% | purchases HOOK on the pool, delivered to the staking contract |
| Treasury leg | 1.00% | exchanged for USDG and delivered to the treasury: 20.00% to the backing bucket, the remainder to the allocation bucket |
The split is held by the machine and the bucket ratio by the treasury. The terminal reports both as the contracts hold them, and the reports page states the fee collected by leg and by side over the recorded window, each figure with the block at which it was read.