Revnet

Ok @vinayvasanji.eth , or maybe have to pull in @jango.eth ...

Studying /revnet 

Am I reading this right: any project that uses revnet has to pay a 3% tax, indefinitely, as a loan servicing fee, essentially?

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🧃⚡️🍌 ⏩ https://jango.eth.sucks

I like my money onchain, my web content peer-to-peer, my world in love, my ended’s open 

And it looks like a 5% tax on any cash outs from any project/revnet? Or is it just 2.5%? Wasn't sure if the Nana tax was just for juice's revnet.

Just trying to wrap my head around where all the global fees are in this system.

ok, perfect. As I thought about it more, I was thinking that the fee structure made sense if there a return flow of $nana and $rev to complete the incentive alignment.

You've thought of everything!

I'm pretty interested so far.

All fees:

- Juicebox Protocol takes 2.5% of all outbound funds from the ecosystem. This fee goes into the $NANA revnet. 

In the context of revnets, this fee gets charged when token holders cash out from revnets with a cash out tax, or when they take out loans, and the token holder paying the fees gets the $NANA.

- Revnets take an additional 2.5% on cash outs from revnets. This fee goes into the $REV revnet. So the total is 5% fee of cash outs, and getting $NANA and $REV.

- Revnets also take an additional 1% on loans. So the total on loans is a 3.5% of the borrowed amount, and getting $NANA and $REV. Loans also charge fees into the revnet they are taken from, depending on the duration of the loan.