Fee
Last updated
Last updated
Kai Auto receives low fees from Vault users during Auto Compounding. It is designed to provide optimized Yield Farmig service by charging a minimum fee.
When you deposit KLAYswap LP (KSLP) in Kai Auto Vault, the reinvestment is automatically carried out, and the low fee for the profit generated at the time of reinvestment is used as a gas fee, aKAI buyback, etc.
As for the fee, 3.4% of the interest being Auto compounded, not the principal, is received by Fee as follows.
Controller Fee : 0.4%
Platform Fee (treasury) : 0.5% -> 0%
aKAI Buyback Rate : 2.5% -> 3%
Entrance Fee : <0.1%
Withdrawal Fee : 0.0%
* For aKAI price stabilization, Platform Fee is temporarily converted to aKAI Buyback
A total of 3.4% of the fee, excluding the entrance fee, is received during auto compounding, and the purpose of each fee is as follows.
Fee | Used for |
---|---|
Entrance Fee
This is a fee that is generated to encourage initial liquidity and occurs when depositing.
Enterance Fee = [ 1 - (Deposit(tvl) / ( Deposit(tvl) + Vault(tvl) ) ] * 0.1
Controller Fee
auto-compounding / Gas Fee for Vault strategy
Platform Fee (treasury)
As part of finance, it is used for purposes such as hiring for external auditing, community engagement, marketing and payroll.
aKAI Buyback Rate
Used to buyback and burn aKai, which permanently reduces the maximum supply, benefiting all aKai holders and liquidity providers.