Fees & Parameters
Performance fee: 20% of APR
Management fee: flat fee of 2% of AUM (annually)
20% of APR is collected every week.
Flat rate is taken from vault deposits over a year (2% of TVL, yearly). Fee is taken by minting new shares of the vault upon every user action.
The parameters are subject to change according to strategy performance.
Fee paid to GMX
Fee consists of
The fees are paid to the GMX protocol, and at no time will Neutra Finance profit from them.
8x ~ 10x
Target leverage used to open and maintain short position on GMX
Strategy rebalances when GLP asset weight deviation + price volatility range reaches the threshold
The higher the collateral ratio, the more funds will be allocated to the LP pool.
Debt Ratio (Rebalance Threshold)
Strategy rebalances when position LTV and impermanent loss reaches the threshold