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