💰Protocol fees

Fees for Surge on accrued interest

There's a fee switch on the accrued interest across all Surge pools, allowing Surge to capture a maximum of 20% of accrued interest from all pools. By default, the fee is set to zero. However, it may be modified by the team in the future.

If activated, Surge team sets a fee recipient address to receive protocol fees in the form of shares of each pool. This enables accrued fees to remain in each pool as available borrowing liquidity until the fee recipient may decide to withdraw them.