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:
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
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 updated