Do repost and rate:
Transaction & protocol fees can be vital for the success of a project. Uniswap for example takes 0.3% per swap to distribute back rewards for liquidity providers. Check out our newest Tixl Explained Series!
The Cross-Chain Bridge protocol incentive fees are designated to all liquidity providers & BRIDGE token holders.
Bridging users pay a small protocol incentive or bridging fee every time they use the Bridge.
70% of the protocol incentive fees go to the corresponding Reward Pool of the bridged token.
15% go into the corresponding Liquidity Mining Pool of that token.
The remainder of 15% is used to Buy-back-and-burn TXL, the token behind the project, as compensation for TXL holders running the bridge network (in the future).
