Fees are used to support the BlazeStake pool.
Fees are a necessary part of running a stake pool and are used to support pool operations, the BlazeStake Treasury, SolBlaze developers, and extra rewards for users. Here are the pool fees:
- Deposit fee: 0%
- Instant withdrawal fee: 0.3%
- Delayed withdrawal fee: 0.1%
- Epoch fee: 5%
For stakers who are referred by other stakers through the BlazeStake referral system, a 0.08% deposit fee is given directly to the person who referred the staker.
The epoch fee is a 5% fee on staking rewards and is necessary to support the variety of unique features that the BlazeStake pool offers. Here is the breakdown for the epoch fee:
- Operations & Development: 40%
- Bonus Rewards (Airdrops, etc.): 35%
- Marketing & Partnerships: 15%
- Treasury: 10%
The withdrawal fees are split according to the same breakdown as the epoch fee.