Fee structure on Kalax Vaults
Kalax takes a low 3% Yield fee and 0.2% Withdrawal fee.The 3% Yield fee is determined by the algorithm to guarantee the long-term viability of the procedure and to cover the expense of compounding the vault. However, there will be no additional fees such as Management Fee or Deposit Fee. In our early launch phase, early-birds users will be enjoying a 100% rebate on withdrawal fees, and a 33% rebate on their yield fee. The APY% you see already includes the yield fee taken by Kalax. If a vault or farm is generating 200% APY, hence that will be your net yield.
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