- Linear
- Exponential
Linear Fee Scheduler Formula
A linear fee scheduler is a fee reduction mechanism that decreases trading fees at a constant rate over time. For Linear [0]:
Where:
cliff_fee_numerator
: The initial fee amount at the startnumber_of_periods
: The number of time periodsreduction_factor
: The constant amount by which the fee decreases each period (expressed in basis points)
Exponential Fee Scheduler Formula
An exponential fee scheduler is a fee reduction mechanism that decreases trading fees by a percentage of the current rate over time. For Exponential [1]:
Where:
cliff_fee_numerator
: The initial fee amount at the startreduction_factor
: The reduction factor (expressed in basis points)number_of_periods
: The number of time period