Set Fees
Setting swap fees is a critical step when configuring a new EulerSwap pool using Maglev. The fee parameter directly influences the earnings potential for liquidity providers, impacts trader behavior, and plays a role in managing risk and capital efficiency.
Fees are from 0.001% to 3%.
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Fee Collection: Fees are automatically added to the collateral of the position or deducted from the debt position, thus increasing the NAV.
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Immutability: Once set and the pool is deployed, the fee parameter cannot be changed. To adjust fees, you must redeploy the pool with the new configuration.
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Integration with Lending: Because liquidity remains in Euler’s lending vaults, LPs earn both swap fees and lending yield simultaneously, maximizing capital efficiency