🏦Fees

MayFlower's trading (buy and sell) fees are an important component of the MAP. They provide capital to perform critical functions to the protocol.

Other protocols use selling bonds to support the same functions as MayFlower 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 costs 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 (69,420% annually).

One additional benefit of the high fees is that MayFlower is the only token that benefits when whales dump because the fees collected support $MFF holders