Monetization

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How it works

The fees gets deducted from users’ sending asset on source chain.

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EVM

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 using the wallet specified by you during the integration.

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Solana

When using LI.FI Widget or calling our SDK/API to request quotes for a transaction, the fee parameter works the same way but the specified fee will be sent to the provided Solana fee collection address with every transaction so no withdrawal is needed.

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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:

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} />
  );
};

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How to withdraw fees