# Mint Fee **Lower Mint Fee**\ Creates a smaller band for the PIM, which allows the arb agent to interfere with Secondary market swings more frequently, thus increasing arbitrage profits, but changes supply and reserves more often.

**Higher Mint Fee** Creates a bigger band of bid and ask for the PIM, which leaves more volatility space for the secondary market with less arbitrage and supply changes.

--- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://bonding-curve-research-group.gitbook.io/bonding-curve-research-group-library/bonding-curve-parameter-matrix-and-trade-off-decisions/mint-fee.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.