Fees
Protocol fees
10% fee is charged only when the protocol generates positive yield.
No fees are collected if there is no yield generated.
The protocol earns no profit from the minting or redeeming of USX.
Action
Fee
Minting USX (USDC → USX)
0%
Redeeming USDC (USX → USDC)
0%
Staking USX (USX → sUSX)
0%
Unstaking USX (sUSX → USX)
0.05%
Fee
10% (only on positive yield)
Of the 10% fee, 5% goes to the reserve fund for protocol stability and 5% goes to the warchest.
Note: During both the pre-deposit campaign and after USX protocol launch, no fees will be charged for minting or standard redemptions.
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