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: The inflow of deposits into the strategy Auto-compounding & auto-staking of rewards Acquisition of fees (performance & management fees)