Fees

Cilistia operates on a flat fee structure of 1% per transaction for trades and swaps. These fees are collected and distributed back to stakers at a rate of 70%.

Collection & Distribution

The fee distribution is executed through a smart contract on the Cilistia protocol. The smart contract automatically calculates and distributes the fees to the stakers on a daily basis.

• 20% of the fees are distributed to Cilistia contributors, this incentivize the contributors to maintain and improve the ecosystem.
• 10% of the fees are allocated to the minimum price fund, the purpose of this fund is to ensure that the price of CIL does not drop below a certain threshold. Learn more about the Minimum Price Fund.

This fee structure is designed to be simple and transparent, and it ensures that the stakers are rewarded for participating in the protocol and maintaining the network security. The allocation of a percentage of the fees to the Cilistia contributors and the minimum price fund also ensures that the ecosystem is sustainable and healthy in the long-term.

Summary

Cilistia operates on a flat fee structure of 1% per transaction for trades and swaps, fees are distributed back to stakers at 70%, 20% of the fees are distributed to Cilistia contributors and 10% goes into the minimum price fund, this fee structure is designed to be simple, transparent and ensure the sustainability of the ecosystem.