Protocol Revenue

Fee Collection：

The platform generates revenue through fees charged for its usage. These fees take various forms, including:

• Trading fee for perpetual: 0.04% of position volume (close)

• Funding fee: The funding rate is based on the size of positions.The collection interval is one block

• LP burning fee: The base burning fee is equal to 0.2%

• Liquidation fee: The fee is calculated dynamically based on the position aesset

Formula：

Trading fee=margin*lever*0.04%

Funding fee

• Closed long position = long_margin * lever * funding rate

• Closed short position = short_margin * lever * funding rate

• Funding rate=rebaselong + rebaseINC-openrebase

LP burning fee= LP Tokens value(pool assets)*0.2%

Liquidation fee=Margin+margin call-PnL-trading fee-ExecutorFee(Charge greater than 0)

Fee Distribution：

Revenue is distributed from fees collected on the platform. These fees are routed as follows:

	Trading Fee	Funding Fee	LP Burning Fee	Liquidation fee
Liquidity Provider	50%	100%		100%(Aggregated Pool)
Token Stakers	30%
DAO Treasury	15%		50%	50%(Isolated Pools)
Reserved for Development	5%		50%	50%(Isolated Pools)