Summary
This proposal introduces a 25 basis point (0.25%) fee on withdrawals from AnomaPay’s shielded pool back to transparent EVM wallets.
Revenue generated from the fee will be distributed as follows:
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50% will be used to purchase XAN on the open market.
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50% will be allocated to the Anoma Treasury to fund protocol development, infrastructure, security, and ecosystem growth.
The proposal does not introduce fees on deposits or private transfers, preserving the core user experience while establishing a sustainable source of protocol revenue.
Motivation
AnomaPay enables seamless private payments across chains, including EVM-based chains and beyond. As adoption grows, the protocol should also begin generating sustainable revenue that can be reinvested into the ecosystem.
Rather than relying on treasury reserves or token emissions, this proposal introduces a modest fee that is only paid when users exit the shielded pool. Users can continue depositing assets and making private transfers without additional protocol fees, while withdrawals contribute to the long term sustainability of the protocol.
The proposed revenue split also creates direct alignment between protocol usage and the value of the ecosystem. Every withdrawal contributes to ongoing development while simultaneously creating continuous demand for XAN through market buybacks.
Rationale
A 25 bps withdrawal fee is both competitive and conservative compared to existing privacy protocols.
For example, Railgun currently charges 0.25% protocol fees on both shielding (deposits) and unshielding (withdrawals), meaning users pay when entering and exiting the private pool.
In contrast, this proposal charges fees only when funds leave AnomaPay. Deposits remain free and users can continue making private transfers without protocol fees. This minimizes friction for the primary use case while still creating a sustainable revenue stream for the protocol.
The proposed allocation balances two long term objectives:
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Building consistent buy pressure for XAN through open market purchases.
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Funding continued development, audits, infrastructure, integrations, grants, and ecosystem expansion.
As AnomaPay adoption grows, both the treasury and XAN holders benefit directly from increased protocol activity.
Specification
If approved, the protocol will implement the following changes:
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A 25 bps (0.25%) fee on every withdrawal from AnomaPay to a transparent wallet.
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Fees will be collected in the asset being withdrawn.
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Fee distribution:
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50% will be used for open market purchases of XAN.
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50% will be transferred to the Anoma Treasury.
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Public reporting of fee revenue, treasury allocations, and buyback activity whenever applicable.
No changes are proposed to:
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Deposits into AnomaPay.
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Private transfers within AnomaPay.
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The protocol’s privacy guarantees or cryptographic design.
Benefits
Adopting this proposal will:
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Establish recurring protocol revenue.
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Create continuous protocol driven demand for XAN.
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Fund ongoing protocol development without relying exclusively on treasury reserves.
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Align the success of AnomaPay with the long term growth of the Anoma ecosystem.
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Preserve a low friction experience for users making private payments.