Business Model
Mimik Finance's business model aims to align incentives between all parties involved in the management and staking of the funds. This ensures that the majority of the revenue goes directly to those actively involved in managing and staking the funds, fostering stronger motivation and dedication. Additionally, the protocol receives a portion of the fees to support its continued development and sustainability.
Platform Fee:
0.08% of the TVL will be charged as platform fee on a monthly basis.
Performance Fee
5% of the returns generated will go to the protocol.
Traders can charge a commission upto 20% on top of that.
Buyback and burn
Portion of the protocol revenue will be utilised for buyback and burn.
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