Protocol Fees
Liquidify currently charges fees for the following actions and services. Do note that some fees are only charged if you decide to utilize the service provided. These fees may be subject to change based on future governance votes.
50% of Protocol Fees will go into Liquidify's Treasury, while 50% will go towards $SIP stakers
Liquid Staking Fees
Validator Commissions
Liquidify has an ongoing management fee of 10% of validator rewards as part of supporting ongoing product development. This translates to <1% per annum on your value staked, without affecting your principal amount deposited.
Eg. If you have 100 SUI staked on Liquidify for 1 year with a staking return of 10%, you would have earned 10 SUI as staking rewards. Liquidify takes a 10% commission on those rewards each epoch, amounting to 1 SUI at the end of 1 year and you will receive 90% of the reward (9 SUI).
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