🔣Fees
Learn more about fees for the SOL Staking Yield Vault
Fees
The total fees charged for the product is 1.10% per annum. This is translated into a Daily Fee and deducted from the exchange rate each day, such that fees are accrued off-chain and not explicitly paid by Lenders.
The breakdown is as follows
Term
Definition
Payable By / To
Amount
Advisor Fee
A fee charged by the Advisor (AWR) to cover the costs of advising OpenTrade SPC in buying / selling and managing the portfolio of Loan Collateral.
Payable by the Borrower
Paid to the Advisor
0.60% per annum
Platform Fee
A fee charged by the Platform Provider to cover the costs of developing and maintaining the OpenTrade Platform and related expenses.
Payable by the Borrower
Paid to the Platform Provider
0.50% per annum
Last updated