Fees

The execution of any swap in a DeFi ecosystem generally includes two types of fees.

1. Gas fees (fees paid to miners/validators).

2. Platform/app fees (fees charged by the platform/app)

Gas fees

Network gas fees are applicable to transactions.

When conducting transactions using Polygon and other blockchain networks, it's important to be aware that gas fees may be incurred. Gas fees are essentially network transaction charges that are applied to each transaction executed on the chosen blockchain network. It's worth noting that gas fees are non-refundable.

Users pay gas fees when they interact create an Allocation, modify it, deposit or withdraw. Since confirmation of those transactions is done through Metamask, the gas fees in MATIC are shown at time of transaction in the Metamask browser popup to be accepted and confirmed by the user.

App Fees

Platform fees are only collected on deposits and withdrawals, not when user creates or modifies their Allocations.

Current fees for beta are 1% on deposits and 2% on withdrawals.

Fee revenue is to help keep the platform operating and growing. The fee amounts may change at any time, and fee structures and amounts will be governable by community proposal and vote at a later stage.

Users are informed where fees apply to transactions in the app when depositing and withdrawing.

Swaps powered by DeBridge

Cross-chain swapping into MATIC within Amasa is done using an integration of DeBridge. Fees for swaps are separate to Amasa platform/app fees.

Information on DeBridge fees can be found here