What are the fees associated with using THORChain?
The fees associated with using THORChain depend on the type of transaction being made.
For example, when users swap assets on the network, they pay a 0.25% fee. This fee is split between the liquidity providers and the network.
When users make a deposit to the network, they pay a 0.1% fee which is used to cover gas costs and rewards for liquidity providers. When users withdraw from the network, they pay a 0.
2% fee which is used to cover gas costs and rewards for liquidity providers. In addition to these fees, there are also transaction fees associated with sending and receiving assets on THORChain. These fees vary depending on the asset being sent or received and are set by each asset’s respective blockchain protocol.
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