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Variable Taker Fee (VTF)

The Variable Taker Fee (VTF), a range between 0-25%, is one that's based on market conditions as determined by the Kelp Protocol (KP) and distributed to the Kelp Reserve Vault (KRV). During Positive Price Drift (PPD) or affirmation of positive upward price momentum, the fee is reduced to promote trading while during Negative Price Drift (NPD), or affirmation of negative downward price momentum, the fee is increased to discourage trading.