Fees

IVX market benefits from the fees generated down below:

• Entry fee

• Exit fee

• Fixed settlement fee

• liquidation fee

• IVLP mint fee

• IVLP redeem fee

Where:

• 70% of fees collected used to bribe validators in return for $BGT emissions, collected by IVLP depositors

• 30% of fees collected used to bribe validators in return for $BGT emissions, collected by the treasury and used form buy back and burns for $IVX token

Fee table:

Token	Buy	Sell
ETH	$\min\left[\max(x , a \times \text{premium}(0)); b \times \text{token price}(0)\right]$	0.0125% * notional value
BTC	$\min\left[\max(x , a \times \text{premium}(0)); b \times \text{token price}(0)\right]$	0.0125% * notional value
BERA	$\min\left[\max(x , a \times \text{premium}(0)); b \times \text{token price}(0)\right]$	0.0125% * notional value

• minOpen or Close Fee per contract: 10$ BTC - 3$ ETH - 0.005$ BERA

• Settlement Fee Rate: 0.01% for all assets

• Settlement: Fee Splitter Cut of the settlement Fee (factor) : 50%

• Liquidation: Fee Splitter Cut of the liquidation Fee (factor) : 50%