Fee Design
Why 3.5%? How fees power deflation and the buyback mechanism.
Core Principle: Lock > Transfer
IFR is not a trading token. The model is based on:
- Buy once
- Lock once
- Use benefits permanently
Transfers happen rarely — when buying, when locking, when unlocking. Not daily. That is why 3.5% is sustainable and intentional.
Fee Breakdown
| Fee | Destination | Purpose |
|---|---|---|
| 2.0% | Burn (sender side) | Permanent deflation |
| 0.5% | Burn (recipient side) | Permanent deflation |
| 1.0% | FeeRouterV1 | Protocol pool fee routed to the governed fee collector |
| 3.5% | Total | 2.5% burned + 1% protocol pool fee via FeeRouterV1 |
Hard cap: Total fees can never exceed 5% (500 bps). This is enforced directly by InfernoToken.setFeeRates(); governance can change the split but cannot exceed the cap.
Fee-Exempt Addresses
Protocol-internal transfers incur zero fees. These addresses are fee-exempt:
| Address | Why Exempt? |
|---|---|
| IFRLock | Lock/Unlock must be fee-free (users get back exactly what they locked) |
| LiquidityReserve | Internal protocol transfers |
| BuybackVault | Buyback logic without loss |
| BurnReserve | Burn mechanism |
| PartnerVault | Fee-exempt protocol vault; seller rewards remain separately governance-gated and inactive |
| CommitmentVault | Voluntary lock vault — feeExempt since Proposal #11 (06.04.2026) |
| LendingVault | P2P lending vault — feeExempt since Proposal #12 (06.04.2026) |
BuybackController0x1e0547D50005A4Af66AbD5e6915ebfAA2d711F7c |
50/50 buyback+burn / LP deepening — ✅ feeExempt since 16.04.2026 (Proposal #13) |
LP Token (IFR/WETH)0xbE495E9c0d8cc2DCf95570cf95B63c4844dF31A0 |
✅ feeExempt = TRUE since 08.06.2026 — Proposal #15 executed · Block 25271071. IFR tradeable on Uniswap without 3.5% swap fee. |
| DEX Router | Not fee-exempt. The IFR/WETH pair is the exempt transfer counterparty used by Uniswap V2 swaps. |
All exempt addresses are on-chain transparent and only changeable via Governance proposals with a 48-hour timelock.
LP Token:
0xbE495E9c0d8cc2DCf95570cf95B63c4844dF31A0 — totalETHRaised: 0.030 ETHProposal #15 (setFeeExempt LP Token) EXECUTED 08.06.2026 ✅ — TX 0xd5a3bc95… · Block 25271071
Proposal #16 (setP0 CommitmentVault) EXECUTED 09.06.2026
CEX Fee-Exemption Policy
Policy approved 26.08.2026 at 00:17 MET by a 4-1 vote. The five-member Core Developer and Keyholder Council approved full fee exemption for transfers to and from officially verified centralized-exchange operational addresses. No CEX address is currently fee-exempt on-chain.
Once an exact exchange address is activated, every IFR transfer where that address is the sender or recipient bypasses the complete 3.5% fee: no 2.0% sender burn, no 0.5% recipient burn and no 1.0% pool fee.
- Verification: The exchange must identify each operational Ethereum address and prove control through an official channel
- Governance: TreasurySafe 3-of-5 submits a public
setFeeExempt(address, true)proposal - Delay: Every activation remains visible during the 48-hour timelock before execution
- Register: Executed activations and revocations are published in the public address register
| Phase | Listing Type |
|---|---|
| Policy | Approved 26.08.2026 at 00:17 MET, vote 4-1 |
| Current on-chain status | No CEX address active; verification and per-exchange Governance activation pending |
Internal exchange trades are off-chain ledger entries and do not invoke the IFR token contract. Separate customer deposit addresses remain subject to the standard fee until each exact address is activated. Exemptions are monitored, periodically revalidated and can be revoked through setFeeExempt(address, false) using the same public Governance path.
Separate open Council agenda: possible exchange incentives, funding limits and governance participation are discussion drafts only. They are not part of the approved fee-exemption policy and authorize no IFR or Safe rights. Review the agenda and planned public vote log →
Public CEX Address Register
| Exchange | Ethereum address | Proposal / transaction | Status |
|---|---|---|---|
| None | — | — | No CEX address activated as of 26.08.2026 |
MEV & Slippage Guide
When trading IFR on Uniswap V2:
Verified Mainnet path: The IFR/WETH pair is fee-exempt; the Uniswap V2 router is not. Pair swaps therefore bypass the 3.5% IFR token fee. Use the current quote and only the execution tolerance needed for AMM price impact and market movement.
// Uniswap V2 execution guidance for IFR
Token transfer fee on the exempt IFR/WETH pair: 0%
Slippage tolerance: derive from the current quote and price impact
Transaction deadline and gas: choose for current network conditions- Proposal #15 activated the pair exemption on 08.06.2026
- The router itself is not an exempt address and does not need to be one for the pair transfer path
- AMM price impact, liquidity depth and market movement still affect execution