🌕
Welcome to SYM Finance
  • What is SYM Finance
  • Why SYM?
  • Protocol overview
  • ⚙️Mechanism
    • symToken Minting Module
      • symToken
      • Mint Fee
    • Tidal AMM
      • Price
      • Tidal Force
    • Leverage Buyers
      • Fees
    • Leverage Providers
      • Liquidity Provision
      • Picking-off Protection
      • Mint Fee Sharing
      • Tidal Force Rewards
  • 💸Tokenomics
    • SYM Token
    • esSYM
    • Multiplier Point
  • 🧑‍🌾User Guide
    • WIP
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  1. Mechanism
  2. Leverage Buyers

Fees

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Last updated 1 year ago

Leverage buyers' cost for using SYM Finance consists of two parts:

  • - A one-time fee leverage buyers pay when minting symToken.

  • Yield fee - 20% (subject to governance) of yield generated by all Token deposited by leverage buyers as collateral.

Note that when selling symToken for Token, the price is most likely to be below 1. The discount rate here is not a fee collected by the protocol, but a leverage buyers pay for leverage.

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Mint fee
price