1 files changed, 12 insertions, 0 deletions
diff --git a/routes/liquid/conversionFee.js b/routes/liquid/conversionFee.js
new file mode 100644
index 00000000..36ba6f36
--- /dev/null
+++ b/routes/liquid/conversionFee.js
@@ -0,0 +1,12 @@
+// Code for the conversion fee
+// This is in a separate file so that the same function can be used by ./send and ./receive
+
+const conversionFeeMultiplier = 0.01;
+export const conversionFeeReceiver = "coinosfees";  // account that receives the fees
+
+/**
+ * Returns the fee you have to pay for withdrawing 'amount' L-BTC.
+ */
+export function computeConversionFee(amount) {
+  return Math.floor(amount * conversionFeeMultiplier);
+}