Fees

To sustain the ponzi

These values were calculated to be competitive against cexes and to sustain the NDOL peg and Necc protocol through a bear market.

Event	Amount
Minting NDOL with a volatile token	0.3%
Burning NDOL	0.3%
Swapping Collateral	0.3%
Opening long/short position	0.1%
Closing long/short position	0.1%
Funding rates on Open position	0.06% * (collateral utilisation ratio) every 8 hours Theoretical maximum of ~65% annually
Liquidation	5 USD in collateral token to liquidator
Vesting	20% to DAO 1% to NDOL stakers

These fees are redistributed in the form of NECC tokens to:

• NDOL stakers

• Over collateralise NDOL

• Treasury

• DAO