Fees

Protocol fees

• 10% fees is charged only when the protocol generates positive yield.

• Fees are not collected if there is no yield.

• 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% in fees, 5% goes to the insurance fund 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.