Geode Finance

Adjust Your Fees

A fee acquired by a Planet's AVAX Staking Pool is distributed to 3 entities:
  1. 1.
    Token Holders: the native owners of a Planet's id on the gAVAX token. Distributed by increasing the _pricePerShare parameter.
  2. 2.
    Maintainer: the controller of your pool, the optimal choice being the address of your DAO contract. Allowing your treasury to financially benefit from your pool's success.
  3. 3.
    Node Operator: the Node Operator fee is acquired and distributed when a price is updated according to the increase of Avax tokens with a Planet's ID.

How to set a new fee on your Planet's pool?

The new value of your fee will not have any affect on the previously distributed Staking Rewards.
Simply call setPlanetFee function on Portal.
Portal.setMaintainerFee(uint256 _id, uint256 _newFee)