Enter app

Fee Flow

From event to asset, with nothing skimmed.

  1. Market activityTrades, wraps, redemptions
  2. Protocol feesCollected per event
  3. Reserve engineAllocates against target weights
  4. AcquisitionsAssets bought, never rotated
  5. StockpileClaim base grows
Revenue flow — direction of travel is one-way into the Stockpile
Wrap fee
0.50%draft
Unwrap fee
1.00%draft
Redemption fee
1.00%draft
Trading fee
0.50%draft
Routed to reserve engine
100%draft
Team allocation of fees
0%draft

No fee is routed to a treasury, a buyback or a team wallet in the current configuration. Every configured basis point is directed at acquisition.