Royalties
Royalties refer to trading fees generated from a Creator's token from both IROs and standard liquidity pools, which are directly distributed to the Creator. These royalties provide Creators with a revenue stream as they create and bring liquidity to their token.
For IRO trading, a protocol swap fee of 2.00%
is applied. These fees are collected in the traded token and subsequently converted into DYM
. After conversion, the protocol swap fees are distributed as follows:
- 50% goes to RollApp creators
- 50% is burned, reducing the circulating supply of
DYM
Parameter | Current value |
---|---|
Royalties | 1.00% |
Protocol swap fees | 1.00% |
note
LP tokens held by Dymension’s L1 protocol from Initial RollApp Offerings (IROs) are never redeemed. This means swap fees continually contribute to the liquidity of pools where these tokens reside, strengthening them over time.