Krios Finance Docs

$KRI Buy and Sell Fees

Market Fees
$KRI's buy and sell fees are an important part of the tokenomics. They provide funds for the protocol's critical functions to be carried out.
Other protocols sell bonds to support the same functions as Krios fees, but we believe that approach is riskier because the token can lose support and spiral downward in price if bonds are not purchased, as we have seen with several of bond-based protocols.
Selling bonds reduces the amount of APY that can be offered and eliminates the ability to offer a stable APY.
The amount of the fees (14% for buys and 18% for sells) allows Krios to provide $KRI holders with the stable high yield of 636853% annually.