Where do the extra fees charged by the Kevlar Hook actually go?
To liquidity providers as fee income!
When a trade takes advantage of an outdated pool price, Kevlar can charge a higher fee.
Some of the value a bot would otherwise pocket goes to the LPs supplying the liquidity.
The bot earns less from the trade. LPs collect the extra fees.
To liquidity providers as fee income!
When a trade takes advantage of an outdated pool price, Kevlar can charge a higher fee.
Some of the value a bot would otherwise pocket goes to the LPs supplying the liquidity.
The bot earns less from the trade. LPs collect the extra fees.