Minting fee

a. A 0.1% fee is charged when minting PBTC

b. 50% is used to buy back and burn PBTC, and 50% is distributed to stakers

Redemption Fee

a. A 0.2% fee is charged when redeeming BTC

b. 60% goes to buy back and burn PBTC, and 40% goes to the Ecosystem Development Fund

Cross-chain transfer fees

a. A 0.05% fee is charged when transferring PBTC across chains

b. All of them are used to subsidize cross-chain infrastructure maintenance

Platform Transaction Fees

a. Transactions within the Phaethon ecosystem are subject to a 0.3% fee

b. 40% is used to buy back and burn PBTC, 30% is distributed to liquidity providers, and 30% goes to reserves

Phaethon Points discount

c. Users who hold Phaethon Points can get up to 50% off fees

d. The discount percentage is proportional to the number of Points held