Fees
Flash Loan Fee
Flash loans must be repaid with the fee amount included. Otherwise, it will be reverted.
For example, if you take out 100,000 USDT in flash loans and the fee is 0.08%, the flash loan repayment has to be 100,080 USDT (100,000 + 80). Otherwise, the flash loan will revert.
BiFi Flash Loan has a preferential discount for BiFi token holders. Starting from 30,000 BiFi, the discount is applied from 0.08% to 0.008%. BiFi tokens must be in your wallet for the discount to be applied.
BiFi Tokens | Flash Loan Fee (%) | Discount (%) |
0 | 0.080% | 0% |
30,000 | 0.080% | 0% |
50,000 | 0.051% | 36% |
100,000 | 0.030% | 63% |
500,000 | 0.012% | 85% |
1,000,000 | 0.010% | 87% |
5,000,000 | 0.008% | 89% |
BiFi X Fee
BiFi X applies a fee for instant leverage provided in a single transaction.
BiFi X has a preferential discount for BiFi token holders. Starting from 10,000 BiFi, the discount is applied from 500 to 50 BiFi. BiFi tokens must be in your wallet for the discount to be applied.
BiFi Tokens | BiFi X Fee | Discount (%) |
0 | 500 | 0% |
10,000 | 500 | 0% |
50,000 | 140 | 72% |
100,000 | 95 | 81% |
500,000 | 59 | 88% |
1,000,000 | 55 | 89% |
5,000,000 | 51 | 90% |
Uniswap Fees
BiFi X Bet swaps on Uniswap V2, which charges 0.3% in swap fees. Check Uniswap V2 fees here.
Ethereum Gas Fee
Ethereum gas fees are used to calculate transaction costs on the Ethereum network. When a user approves BiFi tokens within his or her wallet, transaction costs need to be calculated. These fees are then paid to the Ethereum miners. Although these operational fees are fixed, fees that user pay per transaction change depending on the market.
Last updated