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### Fee
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The cost associated with performing a swap or other operations within the platform. It is deducted from each transaction on the "in" leg (i.e., token-x for `swap-x-for-y` and token-y for `swap-y-for-x`).
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The fee to be calculated is set at the [pool creation](#pool-creation) and may be updated through the governance.
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Part of the fee may be [rebated](#fee-rebates) to liquidity providers as a reward.
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Part of the fee may be [rebated](#fee-rebate) to liquidity providers as a reward.
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### Fee Rate
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The percentage of the transaction amount that is taken as a fee during a swap or other operations.
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