Fee Manager
Last updated
Last updated
Protocol fees collected from both SquadSwap V2 and SquadSwap V3 are collected and managed in the fee manager contract. 20% of the fees generated from swap transactions are distributed to LP owners, while the remaining 80% is transferred to the Fee Manager contract. The tokens accumulated here are then transferred to four different wallet addresses as specified below, in predefined proportions.
| Wallet Name | Address | Share |
|---|---|---|
Squad Wallet | 25% | |
Trader Wallet | 25% | |
Team Wallet | 25% | |
Burn Wallet | 25% |
Squad NFT Wallet: The wallet address where Squad Tokens, distributed as airdrops to Squad NFT holders at regular intervals every month, are held.
Trader Wallet: The wallet address where Tokens distributed to those who integrate the Swap Widget into their platforms and support the widespread adoption of SquadSwap are held.
Team Wallet: The wallet address where resources are collected for the development and enhancement of SquadSwap.
Burn Wallet: The wallet address designated for burning tokens, typically used to reduce the overall token supply, enhance scarcity, or for other strategic purposes.
