Monetizing the integration

Any dApp that integrates LI.FI’s Widget, SDK, or our API can now take fees from the volume they put through LI.FI.

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How it works

When using LI.FI Widget or calling our SDK/API to request quotes for a transaction, you can pass a fee parameter specifying the percentage fee you’d be taking from the requested transaction. This percentage fee will be deducted from the user’s initial asset and collected in a FeeCollection sub-contract inside LI.FI Contracts. You can then withdraw the funds from the wallet specified by you during our integration.

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How to set-up

To set up your account and to start collecting fees, please set up your integration on portal.li.fi.

The fees are collected on every chain and for every token individually. We will provide tools to get an easy overview of the collected fees and prepare contract calls for you to withdraw them. Of course, our tools can also be used to swap and bridge the collected fees to another chain.

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How to set up

The fee parameter is the percent of the integrator’s fee, that is taken from every transaction. The parameter expects a float number e.g 0.02 refers to 2% of the transaction volume. The maximum fee amount should be less than 100%. Also, you should pass your custom integrator string to ensure the fees are collected to the right account. LI.FI will receive a percentage share of the collected fees depending on the use case and volume.

See examples of how to set up fee collection for different environments:

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Widget example

import { LiFiWidget, WidgetConfig } from '@lifi/widget';

const widgetConfig: WidgetConfig = {
  // Set fee parameter to 3%
  fee: 0.03,
  // Other options...
};

export const WidgetPage = () => {
  return (
    <LiFiWidget integrator="fee-demo" config={widgetConfig} />
  );
};