# Tokens & Fees

## Tokens & Fees

WEMIX.Fi supports various assets on the WEMIX3.0 network. The **native coin** is **WEMIX**, which serves as the blockchain's primary currency and is used for all gas fee payments. **Bridged assets** and other tokens are also available for trading and liquidity provision across the platform.

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#### Key Points

* **WEMIX (Native Coin)**: Required for all gas fee payments on WEMIX3.0
* **Tokens**: Other bridged or native assets for trading
* **Gas Fees**: Very low cost ($0.01-0.05 per transaction)
* **Protocol Fees**: 0.01%, 0.05%, 0.25%, or 1% distributed to liquidity providers
* **Transaction Speed**: Fast finality ensures quick confirmation
  {% endhint %}

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## **Understanding Token Types:**

* **Native Coin (WEMIX)**: The blockchain's primary currency, required for gas fees
* **Bridged Assets**: Tokens transferred from other blockchains to WEMIX3.0
* **Native Tokens**: Tokens originally issued on WEMIX3.0

Understanding the platform's fee structure is essential for managing transactions effectively. There are two types of fees on WEMIX.Fi, and they serve different purposes:

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## **Gas Fees (Network Fees)**

**Gas fees** are paid in WEMIX (native coin) to the WEMIX3.0 network for processing transactions. These fees compensate validators for computing and recording transactions on the blockchain. Every action taken — swapping tokens, adding liquidity, staking, or claiming assets — requires a gas fee paid in WEMIX.

**Gas fees** on WEMIX3.0 range from **$0.01 to 0.05 per transaction**. The exact amount varies slightly based on transaction complexity and network congestion.

{% hint style="info" %}

#### If insufficient WEMIX:

* Transactions will fail with an **"Insufficient gas"** error
* Acquire WEMIX through the [**Swap**](https://wemix.fi/swap) page, transfers, exchanges, or supported on-ramps
* Maintain sufficient WEMIX balance to avoid transaction failures
  {% endhint %}

***

## **Trading Fees**

**Trading fees** are charged when tokens are swapped on WEMIX.Fi. Fee tiers range from 0.01% to 1,00% depending on the pool.

**Fee Distribution:**

* 80% distributed to liquidity providers
* 20% allocated to the protocol

Before confirming any transaction, the platform displays the estimated gas fee in WEMIX. A sufficient balance of WEMIX should always be maintained in the wallet to ensure smooth transaction execution across all services.

***

## **Related Documentation:**

* Learn about token swaps: [**Swap**](/services/swap.md)
* Provide liquidity and earn fees: [**Pool**](/services/pool.md)
* Participate in liquid staking: [**Liquid Staking**](/services/liquid-staking.md)
* View your positions: [**Portfolio**](/management/portfolio.md)


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