Reserve Index DTFs/Fees

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