Value accrual to token holders is essential the value proposition to STEP. Below are some of currently active value accrual mechanisms in place in addition to already announced future mechanisms. Keep in mind the Step team have many value accrual mechanisms planned (over 20+) but it takes time to build so check back here for future updates.
All fees collected on the Step Finance platform will be directed to this address. Over time, the money accrued in fees in this address will be used to buyback STEP tokens. These tokens will eventually (in a future update) be distributed to STEP stakers as an APY.
The fee wallet linked above started collecting fees 16 June 2021
Swap page - Step charges a base 0.5% swap fee on Serum DEX swaps and earns a 20% referral fee on the Serum DEX fees per swap.
Settle Balance - 20% referral of the fee on settling an order from the Serum DEX on Step
Compounding Yield Farms - 0.2% fee on the claim amount
We have a number of planned additions to Step Finance which will add value to the Step platform, provide a useful service and charge a fee. These include: Yield aggregation vaults, Staking LP lockups, CDP Lockups, Single asset strategies, DCA, Bridges and much more.