# Mint Fee A one-time mint fee is collected from leverage buyers when they mint symToken. The mint fee consists of two parts: * Base fee = 0.5% \* Amount of symToken minted * Floating fee = 100% \* (1 - Price of symToken/Token) For example, if a levearge buyer mints 100 symGLP when 1 symGLP = 0.99 GLP in Tidal AMM, the total mint fee he pays will be \[0.5%+(1-0.99)]\*100 = 1.5 symGLP. The design for mint fee encourages leverage buyers to mint more symToken when symToken price is high, and discourages so when price is low. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.symfi.io/sym-finance/mechanism/symtoken-minting-module/mint-fee.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.