Protocol
Fees
0.30% on the part converted into shares. The USDG part pays nothing.
The rule
Sheaf charges 0.30% only on the part of a payment converted into shares. The USDG part is free.
Examples
| Payment | Split (USDG / shares) | Converted | Fee |
|---|---|---|---|
| 100 USDG | 70 / 30 | 30 USDG | 0.09 USDG |
| 1,000 USDG | 50 / 50 | 500 USDG | 1.50 USDG |
| 2,500 USDG | 80 / 20 | 500 USDG | 1.50 USDG |
| 400 USDG | 100 / 0 | 0 USDG | 0 USDG |
Network gas on Robinhood Chain is paid in ETH. Uniswap pool fees and price impact are part of the swap itself.
Where fees go
- 50% buy & burn $SHEAF
- 30% stakers, paid in USDG
- 20% treasury
Lowering your fee
Staking $SHEAF lowers your own fee, in tiers down to 0%. See $SHEAF token.