Tokenomics & Fees
All you need to know about $5TABLE and the protocol fees
General
Name : 5TABLE Token
Ticker : 5TABLE
Protocol | Ticker | Contract Address |
FTM | 5TABLE | |
BSC | 5TABLE |
Supply & Emisison
MAX supply at the Fantom network:
574.813 $5TABLE
MAX supply at the Binance Smart Chain:
1,451,847 $5TABLE
There is no emission of 5TABLE . The rewards on the main vault and the governance pool are distributed through buyback mechanisms with the profits of the protocol on each chain.
Burning & Buyback Mechanisms:
Buyback : the performance fee of the main vault on each chain is used to buyback 5TABLE and distributed in the governance pool.
Withdrawal fee from the governance pool: this will be redistributed as rewards in the governance pool.
Withdrawal fee from the partners pools: this fee is applied only when the pool is active. This will be redistributed as rewards in the governance pool.
Fees
There is no deposit or withdrawal fee in any of the main vaults.
5TABLE governance pool: Staking in the Governance pool represents a commitment to the protocol, and instead of a time lock, there is a withdrawal fee of 3%, which will be redistributed to the rest of the investors in the pool.
The fee structure for the 5TABLE VAULT is:
Performance Fee: 4.5% of the gains harvested. It will be used to give it back to holders through the Governance pool.
Network fee: 0.5% for network transactions.
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