Partner fees
Coming with the partner launch
Partner fees are part of the partner launch and are not yet active on testnet. Until then, purchases carry only the protocol fees shown in Fees.
You decide what to charge your customers for protection. Your fee is added to the price at purchase and paid to you in the same transaction.
How it is calculated
premium = notional × offer rate (to underwriters)
BlockFinaX fee = premium × 1.5%
your fee = premium × your rate
customer pays = premium + BlockFinaX fee + your fee
Configuring your fee
| Setting | Meaning |
|---|---|
| Fee rate | A percentage of the premium |
| Fee recipient | The Stellar address that receives your fee |
Your fee is part of the quote, so the customer sees the full price, including your fee, before they confirm.
Example
A customer protects 10,000 dollars for 30 days. The premium is 201.25 USDC.
| Your fee 0% | Your fee 3% | Your fee 5% | |
|---|---|---|---|
| Premium | 201.25 | 201.25 | 201.25 |
| BlockFinaX fee (1.5%) | 3.02 | 3.02 | 3.02 |
| Your fee | 0.00 | 6.04 | 10.06 |
| Customer pays | 204.27 | 210.31 | 214.33 |
| You earn | 0.00 | 6.04 | 10.06 |
Other fees
The payout fee (2% of any payout) and the liquidity fee (2% of the premium, paid by underwriters) are the same for every customer.