Fees
RubyOnAvax employs a streamlined fee model to reinforce long-term sustainability, encourage responsible participation, and fuel treasury-backed rewards. The protocol channels all fee revenue toward burning $RUBY or supporting AVAX reserves, reducing excess supply and maintaining system health.
š Trading Fees
Buy Transactions: ā No fees on $RUBY purchases ā encouraging new entry and protocol adoption.
Sell Transactions: ā 5% fee on $RUBY sales ā routed to the protocol treasury to support long-term AVAX yield generation and liquidity provisioning.
š§± Protocol Operations
Jewelry Forging: š ļø A flat 50 $RUBY crafting fee is applied when forging Jewelry NFTs. This fee is burned, tightening circulating supply.
Vault Deposits (Jewelry Staking): š A 25 $RUBY staking fee is assessed upon depositing Jewelry into the Vault of Ages. This fee is also burned, ensuring each reward cycle contributes to deflation.
Early Withdrawals (Unstaking Before Maturity): ā³ Early withdrawal penalties apply:
15% fee on potential AVAX yield
Partial or full burn of the underlying Jewelry NFT
š„ Deflationary Design
All protocol fees ā whether from crafting, staking, or early withdrawal ā are burned or routed to the AVAX treasury, resulting in:
Continuous supply reduction of $RUBY
Reinforced value per Jewel
Long-term sustainability of AVAX-based yield
This approach ensures that active users help preserve the value of the ecosystem, while passive holders are rewarded by growing scarcity and stabilized output.
In RubyOnAvax, every action contributes to value creation ā and every fee helps crystallize the future of on-chain yield.
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