Fees

Fee Types

MORE Markets enables fees in order to subsidize the operations and development of the protocol. The fees structure is designed in a dynamic way aiming to balance risk, enhance competitiveness, and ensure liquidity across a wide variety of lending scenarios. There are 4 fee types for markets encompassed in the protocol, of which 3 are accounted for and facilitated on-chain

• Protocol Fee

• Liquidation Incentive Factor

• Default Penalty

• Asset Recovery Fee (off-chain)