5.2 Four-Tier Fee Structure

Fee Rates:

Total Trading Fee: 0.4% (40 basis points)

Fee Breakdown:
├─> Protocol Fee:    0.1% (10 bps)
├─> Creator Fee:     0.1% (10 bps)
├─> Staker Fee:      0.1% (10 bps)
└─> Platform Fee:    0.1% (10 bps)

Fee Flow Architecture:

Trade Execution ($10,000)
    │
    ├─> User deposits $10,000 USDC
    │
    ├─> Fee Calculation (0.4% = $40)
    │   │
    │   ├─> Protocol Vault:  $10  ──> Treasury
    │   ├─> Creator Vault:   $10  ──> Market Creator
    │   ├─> Staker Vault:    $10  ──> All Stakers (proportional)
    │   └─> Platform Vault:  $10  ──> Platform
    │
    └─> Net Amount: $9,960 goes to LMSR collateral vault
        └─> User receives outcome shares via LMSR formula