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DeDust.io - Developer News

28 Dec 2024, 12:17

Open in Telegram Share Report

Important update: closure of built-in DeDust referral revenue sharing program

We want to inform you about the discontinuation of the DeDust referral revenue-sharing (fee-sharing) program.

As a reminder, swap fees on DeDust are structured as follows:
- 80% of the fee is allocated to liquidity providers (LPs), enhancing the value of LP tokens by reinvesting back into the pool.
- 20% is collected as protocol fees.

Currently, the referral mechanism allows partners to receive 50% of the protocol fees, without any additional cost to the user making the swap. This system will remain in effect until December 31, 2024.

Starting January 1, 2025, the DeDust protocol will no longer share protocol fees with integrators. To generate revenue, integrators and products will need to implement their own additional fees using an additional contract.

Here is a concept how it can be implemented:
https://github.com/dedust-io/fee-collector

You should pass a FeeCollector address to recipient_addr and a user address to fulfill_payload.

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