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update to table

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Oliver Eggert
2024-12-13 09:05:20 -08:00
parent e1573e5bf6
commit 8596eb56ed
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docs/concepts/tokens/decentralized-exchange/automated-market-makers.md
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@@ -104,8 +104,11 @@ Each AMM gives its liquidity providers the power to vote on its fees, in proport
_Trading fees_ differ from _transfer fees_.
- Trading fees are set by the liquidity providers of an AMM, only apply to trades against the AMM, and can be redeemed with LP tokens.
- Transfer fees are set by the token issuer, apply to all transfers (except when sending to or receiving from the issuer), and are burned.
| Differences | AMM Trading Fees | Token Transfer Fees |
|-------------|------------------|---------------------|
| Who sets the fee? | AMM liquidity providers. | Token issuer. |
| When does the fee apply? | When swapping against the AMM. | Any time the token transfers accounts, except when sending or receiving _directly_ to and from the token issuer. |
| Can fees be redeemed? | Yes, by liquidity providers when they turn in their LP tokens. | No, fees are burned. |
{% /admonition %}