$APHR Buy & Sell Fees

Aphrodite's trading (buy and sell) fees are an important component of the AAP. They provide capital for performing critical functions to the protocol.

Other protocols utilize selling bonds to support the same functions as Aphrodite fees, but we believe that approach is riskier because if bonds are not purchased, the token can lose its support and spiral downward in price as we have seen with several of these bond based protocols.

Selling bonds also costs token holders. It reduces the amount of APY that can be offered and eliminates the ability to offer a stable APY.

The amount of trading fees (16% for buys and 24% for sells) allows Aphrodite to provide $APHR holders with the stable high yield of 300,001% annually.

One additional benefit of the high fees is that Aphrodite is the only token that benefits when whales dump because the fees collected support $APHR holders

• LP - Trading fees go to backing the liquidity of the METIS/APHR pair on TETHYS ensuring an ever-increasing collateral value of $APHR.

• AIF - Trading fees are stored in the Aphrodite Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

• Treasury - Trading fees go directly to the treasury which supports the AIF and provides a marketing budget for Aphrodite and funds new product development.