Sailing Protocol
  • Sailing Mission
  • Frequently Asked Questions
  • SAIL
    • Order Fees
    • Dividend Fees and 3rd Party Protocols
    • Asset Listing
    • Distribution
  • Stocks On-Chain
  • Sailing Protocol DAPP
  • DEX Trading & LP's
  • Stocks Ownership
  • Sailing Protocol Integration
    • Plug & Play - Listing our ERC-20 Stocks
    • User Onboarding and Verification
    • User Identification by Wallet
    • Checking User Verification Status
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  1. SAIL

Order Fees

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Last updated 8 days ago

Holding SAIL gives the user lower protocol fees for placing orders.

This is particularly useful for institutions, who must hold large SAIL balances for optimal fees.

SAIL balance will be automatically counted across all traditional wallets and smart contract wallets controlled by the user. To achieve this, a user indicates what wallets they control. Their associated smart contract wallets (aka. SAFE) will be detected automatically.

The current fee formula is summarized by the following table and graph.

SAIL Balance
Protocol Fee

1

0.24%

10

0.23%

100

0.21%

1,000

0.17%

10,000

0.08%

100,000

0.05%

1,000,000

0.03%

10,000,000

0.01%

Slide the SAIL balance.