Fee Splitter
The fee splitter contract plays a crucial role in managing the fees generated within the IVX ecosystem. it receives fees in the form of $USDC from open and close trades, including liquidation fees, and distributes them among three entities:
67.5% of the total fees are allocated for liquidity providers and auto compounded into IVLP
22.5% of the total fees are designated for the $IVX buyback program, enhancing the market value of the $IVX token.
10% of the total fees are reserved and stored in the insurance fund, which serves as a protective measure for the ecosystem regarding unforeseen events.
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