β½Fee Structure
Last updated
Last updated
In SafeSwap we can differentiate 3 types of fees:
Default blockchain fee (gas)
SafeSwap platform fee
Project listing or API integration fee
SafeSwap users pay for swaps in native gas tokens of the blockchains involved in the swap. For example, Ethereum uses ETH as gas, vechain uses VTHO.
This fee is automatically calculated based on live gas prices and is fully used to initiate the atomic swap on the source blockchain and to claim the swapped tokens on the destination blockchain.
Safe Haven has no control over the blockchain fees as this is just how blockchains work.
For every swap made on SafeSwap the user will be charged a small fee known as the SafeSwap platform fee.
The SafeSwap platform fee will automatically be calculated and added to the total fee before a user initiates the swap.
Below is a list of the different platform fees charged based on the blockchains involved:
Blockchain | Platform Fee |
---|---|
SafeSwap platform fees are paid in the same token as used for gas during the swap.
Safe Haven has full control over these percentages and can update these at any time in order to adapt to changing market conditions and blockchain gas prices.
The third fee is not one that is paid by users, but one that is paid by projects.
Every project that wants to list their token on SafeSwap to grow their projectβs reach and go cross-chain, will be charged a one-time listing fee.
Same for projects that want to implement SafeSwap's protocol via a whitelabel API integration.
The exact project listing fee is variable and is considered as classified business information of Safe Haven and are paid in fiat or a stablecoin.
Ethereum
1%
vechain
5%
BNB Chain
5%
Polygon
5%
Base
Optimism