Fee Structure
An overview of our fee model for Genifi brokerage platform
Genifi brokerage offers a transparent and straightforward fee structure based on the products and services used.
RWA Tokenization and Tokens
We have three different fee types for RWA tokenization fees and for subsequent trading. These fees are flexible and can be adjusted based on market conditions or company needs with upfront notice.
Minting Fee
Rate: 0.35%
Description: This fee is deducted from the amount of stablecoins or fiat that the client is using to mint the RWA tokens. The minting fee includes the one-time custody fee.
Redemption Fee
Rate: 0.28%
Description: This fee is deducted from the amount of stablecoins received by the user when redeeming the RWA tokens.
Trading Fee
Rate: 0.05%
Description: Applied to each buy or sale order conducted outside of the Genifi brokerage platform. This fee is enforced at the DEX pool contract level, as only whitelisted DEXes can open pools for our RWA tokens. The trading fee does not apply to other operations such as lending or borrowing, transfers, or CDP protocols.
Stablecoin Fees
For stablecoins, there are no direct fees involved with minting or redemption. However, a withdrawal fee applies when a user redeems stablecoins and withdraws fiat to a connected bank account.
Cash Withdrawal Fee
Rate: 0.2%
Description: This fee is deducted from the fiat amount that the user is withdrawing to their bank account.
Last updated