Performance fee: 20% of APR
Management fee: flat fee of 2% of AUM (annually)
The parameters are subject to change according to strategy performance.
Last updated
| Parameter | Value | Description |
|---|---|---|
| Parameter | Value | Description |
|---|---|---|
| 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
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
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:
The inflow of deposits into the strategy
Auto-compounding & auto-staking of rewards
Acquisition of fees (performance & management fees)
