Rhea Finance
  • Introduction
  • RHEA Finance White Paper
  • Genesis
  • Tokenomics
  • Governance
  • Community
  • Team
  • Getting Started
    • Setup Wallet
    • Using the Rainbow Bridge
    • Using the Platform
    • Buy REF Token
    • Staying Safe
  • RHEA Finance
    • Overview
      • Auto Router
      • Multi-chain Router
      • Pooling
      • Staking
      • RHEA V2 & DCL Pools
      • Aggregator Bridge
    • Guides
      • Lending & Borrowing
        • Audits & Risks
        • Supplying
        • Borrowing
        • APY
        • Health Factor
        • LP as Collateral
        • How Lending & Borrowing works
          • Health Factor
          • Interest Rate Model
          • Liquidations
          • Oracle
        • Step by Step Guide
      • Trade
        • Swap
        • Limit Orders
      • Liquidity Management
        • Classic Pools
        • Stable & Rated Pools
        • RHEA v2 Pools
      • Farming
      • Staking
      • Aggregator Bridge
      • RHEA Point System
  • SECURITY
    • Contracts
    • Guardians
    • Oracles
    • Audits
    • Bug Bounty
  • DEVELOPERS
    • CLI Trading
    • CLI Farming
    • RHEA SDK
  • SUPPORT
    • FAQ
    • Help
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  1. RHEA Finance
  2. Guides

Trade

PreviousStep by Step GuideNextSwap

Last updated 27 days ago

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The liquidity on Ref Finance is provided by Liquidity Providers (LPs) who stake their tokens in the associated 'Pools'. In return, they receive LP (Liquidity Provider) tokens, which can be staked to earn REF and other tokens in the 'Farms'.

When you trade (swap) on Ref Finance, you will pay the pool fee (trading fee), which is broken down as follows:

For traders, the fee is always taken on the amount paid. The Protocol and Referral fees translate into LP tokens.

For regular pools (Swap function), if there is no account to receive the Referral Fee, it goes to all LPs of that pool as a form of increased LP tokens.x3

For stablecoin pools (StableSwap function), if there is no account to receive the Referral Fee, it goes to the Protocol Fee as a form of increased LP tokens.

To learn more about this subject, click the link for additional details:

https://gov.ref.finance/t/contract-upgrade-1-7-0-referral-fee/823