Peg Stability Module (PSM)
PSM Fees on Forests Farms
Last updated
PSM Fees on Forests Farms
Last updated
Peg Stability Module represents a Fee Montetation for SNAKE to have real backing compared to similar models. A fee has been introduced (PAID IN $S) on . This allows capital flow into the SNAKE treasury which in turn enables us to support $SNAKE peg on a much more stable level backed by $S funneled back into the protocol
Currently, the PSM fees are 30% paid in $S in the Forests