GLP Minting & Burning Fees

Becoming a Liquidity Provider

Depositors pay a fee when depositing / withdrawing from the GLP pool. GLP Minting & Burning Fees range from 0.0% to 0.85%.

Depositors engaging in the minting of GLP tokens on Golden Finance are subject to a dynamic fee structure, influenced by the supply and demand dynamics within the GLP pool.

GLP Asset Balance	Action	Effect on asset in GLP Pool	Swap Fees
Overweight ETH Underweight USDT	Swap USDT for ETH	ETH Balance Increases	Higher
Overweight USDT Underweight ETH	Swap ETH for USDT	USDT Balance Increases	Lower

The inverse relationship is true for the burning of GLP.

You can view live composite of the GLP Pool here.

The dynamic fee structure is strategically designed to incentivize users to maintain a balanced pool. Lower fees for actions that enhance asset balance encourage users to contribute positively to the pool's equilibrium.

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New depositors can deposit into GLP here.

Users can save on fees by depositing into GLP with underweighted assets.