πŸ’°Fees distribution

Synonym fees initially will originate from Borrowers Interest and Liquidation Fees.

The split of the fees will be the following:

Base APY for Suppliers (for actively contributing to the money market)

40%

vlSYNO (for actively contributing into SYNO-wETH LP)

40%

tSYNO (for NEWO-SYNO conversion contribution)

10%

Operational

10%

Total:

100%

Last updated