Mint Fee
The fee a user pays to convert reserve assets into bonded tokens is called the mint fee.
Last updated
The fee a user pays to convert reserve assets into bonded tokens is called the mint fee.
Last updated
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.
