Move2EarnAPY
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$MOVEAPY Buy & Sell Fees
$MOVEAPY buy and sell fees are an important component of the MOVE2EARN APY Protocol. They provide capital for performing critical functions to the protocol.
Other protocols utilize selling bonds to support the same functions as MOVEAPY fees, but we believe that approach is riskier because if bonds are not purchased, the token can lose its support and spiral downward in price as we have seen with several of these bond based protocols.
Selling bonds also cost token holders. It reduces the amount of APY that can be offered and eliminates the ability to offer a stable APY.
The amount of the fees (13% for buys and 15% for sells) allows to provide MOVEAPY holders with a stable high yield of 404202% APY annually.
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