Paid by traders to liquidity providers on every swap, from 0% to 1%. LP holders can vote to change it later.
Starting price
—
Pool value
—
Creation cost
0.2 XRP
The ratio of the two amounts sets the starting price. If it differs from the market, arbitrage traders will move it there at your expense, so match the current price. You receive LP tokens for your share and can withdraw it at any time. The creation cost is burned by the ledger, not paid to XRPBay.