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Fee Structure
There are 3 fee's that are charged for a position, they are itemized in the table below. All the fee configs can be viewed on a vault's associated
protoConfig
account. Value | Type | Description |
---|---|---|
tokenADripTriggerSpread | Fee in Basis Points. | This spread is applied on every drip for a vault. This can be thought of as a spread on the users source token (token A) whenever a swap is done. This fee is sent to the user that initiates the swap (can be anyone). |
tokenBWithdrawalSpread | Fee in Basis Points. | This spread is applied on the accrued destination asset for a position (token b) and is sent to the vault treasuryTokenBAccount . |
tokenBReferralSpread | Fee in Basis Points. | This spread is applied on the accrued destination asset for a position (token b) and is sent to the referrer that was specified during the deposit instruction. See Deposit for details on how to specify the referrer programatically. |
If a user deposits, creates a position and closes their position before any drips have occurred, not fees are taken and all of their source tokens (token A) are returned.
Last modified 4mo ago