Reference
Fees and rates
What it costs to trade today, and what borrowing is planned to cost.
Trading today
| Cost | Paid to | Amount |
|---|---|---|
| Swap fee | Volta pool liquidity providers | The pool’s fee, included in the Volta quote |
| Price impact | — | Depends on order size and pool depth; shown in the Volta quote |
| Gas | Elysium network | Paid in HYPE, a small amount per transaction |
| Bridge | Volta bridge | Shown by the bridge before you confirm |
EQTY itself charges nothing to view markets or to send you to Volta.
Borrowing (planned)
| Cost | Paid to | Planned amount |
|---|---|---|
| EQTY borrow fee (once, per borrow) | EQTY | 0.5% of the USDC you borrow (0.35% Holder, 0.25% Staker) |
| Interest on your debt | USDC lenders, minus the reserve factor | 6.8% APR at launch (5.8% Holder, 4.8% Staker) |
| Liquidation bonus, if liquidated | The liquidator, minus the protocol share | Announced before launch |
| Gas | Elysium network | Paid in HYPE |
Deposits, repayments and withdrawals are planned to carry no EQTY fee.
Swapping in EQTY (planned)
A swap interface inside EQTY is planned. It would route through Volta pools and add a 0.2% interface fee on swaps made there. Buying directly on Volta stays free of any EQTY fee.
What the protocol earns (planned)
| Stream | Planned rate |
|---|---|
| Reserve factor | 15% of the interest borrowers pay; lenders receive the other 85% |
| Borrow fee | 0.5% of each new USDC loan, lower for holders and stakers |
| Liquidation share | 10% of each liquidation bonus |
| Swap interface fee | 0.2% of swaps made in the EQTY interface |
Protocol revenue is planned to be split 40% to $EQTY stakers in the Safety Module, 30% to buying back and burning $EQTY, and 30% to the treasury.
Holder rates
Holding $EQTY is planned to lower your borrow rate and your borrow fee. No tier raises max LTV. The tiers are on the tokenomics page; every number there is planned too.