Technical DetailsFee Structure

Fee Structure in Mage DEX

Mage Labs Reward Claim Model

Mage DEX employs a transparent, configurable fee model designed to deliver predictable trading costs regardless of trade volume.

Core Fee System

  • Flat-Rate Fee Model:
    • Ensures consistent fee application across diverse trade sizes.
    • Minimizes percentage-based cost fluctuations, making high-volume trades more cost-effective.
  • Configurable Parameters:
    • All fee parameters—including protocol, creator, and liquidity provider fees—are fully configurable on-chain.
    • Adjustments are executed through governed transactions to ensure transparency and community oversight.

Fee Distribution Components

  • Liquidity Provider Fees:
    • Distributed to LP token holders as part of their share in pool gains.
  • Protocol Fees:
    • Allocated to sustain platform operations and fund future developments.
  • Creator Fees:
    • Directed toward ongoing project enhancements and ecosystem support.

Note: This fee structure highlights Mage DEX’s commitment to efficiency and fairness, achieving robust, market-responsive fee adjustments without unnecessary complexity.