Fees & Parameters

Fee Parameters
Performance fee: 20% of APR
Management fee: flat fee of 2% of AUM (annually)
Parameter
Value
Description
Performance Fee
20%
20% of APR is collected every week.
10% of 20% is distributed as revenue sharing to governance token stakers
10% of 20% is used to cover operational expenses
Management Fee
2% (yearly)
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.
1% of 2% is distributed as revenue sharing to governance token stakers
1% of 2% is used to cover operational expenses
Vault-Specific Parameters
 The parameters are subject to change according to strategy performance.
nGLP Vault
Parameter
Value
Description
Fee paid to GMX
±0.4% (dynamic)
Fee consists of
Buy/sell GLP fee
Open/close short position fee
Two-part transaction fee on GMX 
The fees are paid to the GMX protocol, and at no time will Neutra Finance profit from them.
Target Leverage
8x ~ 10x
Target leverage used to open and maintain short position on GMX
Rebalance Threshold
2.6%
Strategy rebalances when GLP asset weight deviation + price volatility range reaches the threshold
nUSDC Vault
Parameter
Value
Description
Collateral Ratio
70%
The higher the collateral ratio, the more funds will be allocated to the LP pool.
Debt Ratio (Rebalance Threshold)
2%
Strategy rebalances when position LTV and impermanent loss reaches the threshold
Harvest Interval
8 hours
Harvest includes:
1.The inflow of deposits into the strategy
2.Auto-compounding & auto-staking of rewards
3.Acquisition of fees (performance & management fees)

Parameter	Value	Description
Performance Fee	20%	20% of APR is collected every week. 10% of 20% is distributed as revenue sharing to governance token stakers 10% of 20% is used to cover operational expenses
Management Fee	2% (yearly)	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. 1% of 2% is distributed as revenue sharing to governance token stakers 1% of 2% is used to cover operational expenses

Parameter	Value	Description
Fee paid to GMX	±0.4% (dynamic)	Fee consists of Buy/sell GLP fee Open/close short position fee Two-part transaction fee on GMX The fees are paid to the GMX protocol, and at no time will Neutra Finance profit from them.
Target Leverage	8x ~ 10x	Target leverage used to open and maintain short position on GMX
Rebalance Threshold	2.6%	Strategy rebalances when GLP asset weight deviation + price volatility range reaches the threshold

Parameter	Value	Description
Collateral Ratio	70%	The higher the collateral ratio, the more funds will be allocated to the LP pool.
Debt Ratio (Rebalance Threshold)	2%	Strategy rebalances when position LTV and impermanent loss reaches the threshold
Harvest Interval	8 hours	Harvest includes: 1. The inflow of deposits into the strategy 2. Auto-compounding & auto-staking of rewards 3. Acquisition of fees (performance & management fees)

Last modified 4mo ago