💸Fees

How much is the honey?

At Den creation, its creator sets the fees. All the fees are immutable except for the Partner fee, which can only be lowered afterward.

Fee	Limit	Description
Wrap	≤99%	Fee on wrapping TOKEN into the Den (brTOKEN).
Unwrap	≤99%	Fee on unwrapping Den (brTOKEN) into the TOKEN.
Buy AMM	≤20%	Fee on buying Den (brTOKEN) tokens from LP.
Sell AMM	≤20%	Fee on selling Den (brTOKEN) tokens to LP.
Burn	≤70%	Fee on all above actions, which burns brTOKEN.
Partner	≤5%	Fee on top of other fees, after Burn fee.
Protocol	10%	Fee on top of other fees, after Burn fee.*

*Protocol fee is protocol-level - applies to all the Dens.

After the above fees are assessed, 10% of ARBERA buybacks (Growing Dens) will be used for Berachain's validator vote gauging and generating even more yield for staked Den LPs.

Example

Let's take a look at brARBERA Den with ARBERA as its asset, and brARBERA-HONEY LP on Kodiak.

Fee	Value
Wrap / Unwrap	1%
Buy / Sell	0.5%
Burn	40%
Partner	0%
Protocol	10%

As you can see, there is no partner fee, the wrapping/unwrapping fee is modest, and the buy/sell fees encourage bots to arb more frequently.