Fees
There are five (5) key PAD Fees at PAD inception, these are:
Wrap Fee %
Unwrap Fee %
Add Partner Fee Share?
Partner Fee Share % (max 5%)
Fee Share Address
rTKN Burn % (max 50%)
Add AMM Fees
AMM Buy Fee %
AMM Sell Fee %
In general, having higher PAD fees results in an increased quantity of tokens being burned and more rewards being distributed per arbitrage transaction. However, this may also lead to a reduction in the number of arbitrage opportunities, as the price difference between assets needs to be larger to accommodate the higher PAD fees and generate a profitable arbitrage. Conversely, lower PAD fees lead to a decreased amount of tokens burned and rewards distributed per arbitrage, but can potentially increase the volume of arbitrage opportunities, as the price difference between assets can be smaller for the arbitrageur to exploit. It is advisable to conduct thorough research on the assets involved in creating the PAD and set fees based on the volatility of the underlying asset(s).
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