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"What will this fee look like? Why take a fee when one is depositing to the pool?"

Likely a 1-2% deposit fee. Haven't decided the final number on that at this time.

The wrapping fee is already set: 0.25% wrap and 0.25% unwrap.

Some may say it's steep. Others will see that POLYCUB is providing a massive value here and needs to also get value in return in the Protocol Owned Liquidity to ensure that pHBD-USDC has long-term LP incentives that make sense.

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