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Fee Structure
At MuesliSwap, we are devoted to offering a service with transparent and low fees. The table below shows an overview of the current fee structure used in the MuesliSwap frontend. All trades up to 120 ADA are free from any fee charged by MuesliSwap. Only a small fee of 0.95 ADA is taken to cover the network costs and to incentivize decentralized matchmakers when matching a transaction.
As promised, MILK has very direct utility on MuesliSwap: That’s why MILK holders will enjoy discounted fees! If you hold at least 100 MILK in your trading wallet, you will enjoy reduced trading fees. We are also collaborating with WorldMobileToken. Holders of WMT tokens in their wallet do enjoy fee reduction.
A more detailed overview on fee reductions can be seen below.
Required holdings
Amount (ADA)
Frontend Fee
Network Fee
-
0 - 119
-
0.95
-
120+
1 ADA + 0.050%
0.95
250+ WMT
120+
1 ADA + 0.035%
0.95
100+ MILK
120+
1 ADA + 0.025%
0.95
500+ MILK
120+
1 ADA + 0.020%
0.95
Is the fee refunded if I cancel my order?
Please note that all fees are returned if a limit order is cancelled before it has been matched. If an order has been partially matched, the frontend fee is not refunded. For limit changes, the frontend fee is recalculated.
Example:
If you have 500 MILK in your wallet and you place a 1000 ADA order you will pay the following frontend fee: 1 + 1000 * 0.02% = 1 + 0.2 = 1.2 ADA frontend fee. In addition, we attach 0.95 ADA to the order that are an incentive to decentralized matchmakers and pay for Cardano network fees.
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