Mint Fee
Mint fee in the Reserve Index Protocol
Mint Fee Explained
The Mint fee is a straightforward percentage fee applied whenever a user mints new DTF tokens.
Technical Implementation
The calculation is a simple percentage of the mint amount:
fee_amount = mint_amount * mint_fee_percentage
user_receives = mint_amount - fee_amount
Example
- User mints 100 $COIN50
- Mint fee = 1%
- User receives 99 $COIN50
- 1 $COIN50 is set aside for fee recipients