Gearbox V2
Fee collection

Fees collection

Protocol collects following fees:

  • Interest rate fee, when user close credit account, or it's liquidated
  • Liquidation fee, if account was liquidated
  • Withdraw fee, when user removes liquidity

The fees remain in the pool, instead, the DAO treasury receives the pool's LP tokens. The protocol has a feature to leave part of the fees in the pool, thereby increasing the price of diesel tokens, that is, increasing the APY of the pool.

Last updated on November 13, 2023