Tokenomics

Token Release or IDO

Mu Exchange has no token, so anyone saying they are our governance token is not real and should be avoided. When we release our token, we will let the community know the release dates and the relevant details.

Open/Close Position Fee Distribution

Currently, we charge 0.08% for both sides. The following may change in the future due to tokenomics updates or design changes; however, currently, the distribution is as follows:
With Referral
Without Referral
10% will go to the referral
90% will be distributed as follows:
  • 35% to the keepers
  • 35% to the $msDAI vault
  • 30% to the Mu Exchange treasury
100% will be distributed as follows:
  • 35% to the keepers
  • 35% to the $msDAI vault
  • 30% to the Mu Exchange treasury

Liquidation Fee Distribution

They are also known as countertrade fees; most liquidation fees are shared with $msDAI vault owners.
A 5% liquidation fee will be distributed as follows:
  • 35% to the keepers
  • 35% to the $msDAI vault
  • 30% to the Mu Exchange treasury

Funding Fee

  • 80% to the counter-party
  • 20% to the $msDAI vault

Borrow Fee

  • 100% to the $msDAI vault

Governance

Future token holders will be able to participate in governance.
Last modified 23h ago