Fees
Low fees, high quality
Burn Fee ($UTP B2B – Buy to Burn)
Burn Fee: 3.00% (Non-$UTP pools)
All earn/claim events allocate a portion of these profits for the purpose of buying back $UTP tokens which in turn are burned, hence $UTP B2B (Buy to Burn), thus reducing the max total supply of $UTP indefinitely.
We feel that this burn facilitation will be an enhancement for $UTP holders & LP's for both the present and future of the UTP ecosystem.
Deposit Fee
Less than 0.10% on initial staked amount as a one-time fee
The deposit fee is used as a means to deter front running tendencies while allowing for liquidity pools to remain sustainable and accumulated LP rewards auto-compounded for the benefit of all LP holders in each respective pool.
Withdrawal Fee
There are no (0.00%) withdrawal fees on the Utopia Finance platform
Total Fees: 1.5% - 3% on profits + <0.10% on initial capital
NOTE: UTOPIA Native pools only have the 0.1% Deposit Fee and no other fees on profits etc.
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