Volume Source Fee
The current approach to Synthetix ecosystem partners is to leverage the volume program which pays out monthly rewards in SNX to integrators based on the volume generated. The issue with this program is that it does not scale linearly with volume so there is limited upside for integrators generating large volumes. By splitting the exchange fee into a Protocol Fee and Source Fee we can ensure that the upfront integration effort is worthwhile for potential ecosystem partners. This will create a reliance on revenue generated via a Synthetix integration and further reinforce the reliance of these protocols on Synthetix volume creating strongly aligned incentives throughout the ecosystem.
The transaction fee variable will be split into two parts, a base level Protocol Fee and an optional Source Fee that can be triggered by a frontend passing a Volume Partner Code to the Exchange Contracts.
The Source Fee will be fixed at 10% of Synthetix fees generated.
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