MECHANISM
USer guide
TOKEN
Developers
Community
Protocol Fee
Bridge Swap
Bridge Type
Fee Structure
Liquidity Bridge
Base fee (0.005ETH per swap, 0.005 BNB per swap) + 0.08% of the bridged tokens
Mint and burn Bridge
Base fee (0.005ETH per swap, 0.005 BNB per swap)
Chainswap is not one of the "no fee" exchanges, but charge 0.08% per transaction for makers on the liquidity bridge. Regardless of whether you compare to DEXs or centralized exchanges, these fees are above industry average. In addition, Chainswap charges a base fee of 0.005ETH per bridge transaction to prevent abuse of bridge.
Liquidity Bridge e.g. I swap 10000 USDT from ETH to BSC; I need to pay 10000*0.08%=8 USDT and 0.005 ETH.
Mint and Burn Bridge e.g. I swap 10000 TOKEN from ETH to BSC; I need to pay 0.005 ETH
Bridge Deployment
The permission-less deployment on ChainSwap charges a fee of 0.3ETH for each token. (Break down: The mapping contract deployment fee is 0.1ETH and the factory contract deployment fee is 0.2 ETH).
Where does the fee go?
The fees will go to the contract which are managed by the ChainSwap Dao. Fees will be used to buy back TOKEN from the market. We will make announcement with prove of purchase during each period of TOKEN buy back.
Last modified 10mo ago
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