Are There Fees for Minting or Burning USDM?

The fee schedule is as follows:

Minting

0% Mint Fees*

No fees for minting.

Burning

1.5% Burn Fees*

$50 minimum up to a $5000 USD maximum fee. This fee is taken from the total amount of USDM to be redeemed. (Cardano network fees are included in this fee.)

* Fee Structure is subject to change. Users may experience fees imposed by their banks which Moneta cannot control.

* For all Cardano blockchain transactions (minting, redeeming, sending USDM), Cardano network fees apply.

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