Fees & costs - ANVIL

These are the selected launch settings. They are not a statement that production governance has already been initialized. Review the actual market and transaction before signing.

Item	Selected setting	Meaning
Compounding fee	2%	Share of rewards used in a compound
Default lending-pool swap fee	0.25% (25 basis points)	Creator default; individual pools can differ
Protocol share of pool swap fees	10%	A share of the swap fee, not 10% of the traded amount
Protocol share of borrower interest	15%	A share of interest, not a fixed 15% borrowing rate
Protocol revenue allocation	100% to the buybacks allocation	Selected revenue destination; not a claim that ANVIL-token purchases are already running

Compounding example

With $6 of eligible rewards and a 2% compounding fee, the fee is $0.12 and $5.88 remains before swap costs and any token transfer fees. The actual coin amount received depends on execution prices and the permitted output limits.

Pool-fee example

On a $100 swap at the default 0.25% fee, the swap fee is $0.25. A 10% protocol share of that fee is $0.025. Token taxes and other applicable execution costs are separate.

Who pays SOL?

You pay for transactions you submit, such as setup, permission changes, revocation, market creation, deposits, borrowing, and withdrawals. Account creation may also require a rent-exempt SOL balance. The compounding keeper pays gas for the compound transactions it submits.

Fee-funded liquidity

Fee recycling is a separate planned workflow: use earned compounding fees to acquire both sides of a matching ANVIL pool and add liquidity. It requires a configured, seeded pool and an enabled worker. It is not currently represented as active. Read the roadmap.