Fees and Pricing
SteakHut Fee Structure
The fees accrued within the SteakHut ecosystem can be categorized as follows:
1. Platform Fee (Rewarded to SteakHut)
This fee is acquired based on rewards earned across all strategies within the SteakHut ecosystem. It plays a crucial role in supporting the continued development and maintenance of our platform and rewarding profits to STEAK-holders.
This is a performance fee only and is accrued solely on swap fee rewards and not on underlying principle nor during withdrawing/depositing.
2. Performance Fee (Rewarded to the Vault Manager)
While deploying a vault on SteakHut is entirely free, strategists and liquidity managers who actively manage these vaults have the option to charge a Performance Fee. This fee is determined and set by the vault manager and is earned as a reward for managing the vault. It serves as an incentive for vault managers to optimize and enhance the performance of their strategies.
This is a performance fee only and is accrued solely on swap fee rewards and not on underlying principle nor during withdrawing/depositing.
What is the SteakHut Platform Fee?
The SteakHut platform fee is taken as a percentage of swap rewards across all strategies created using SteakHut's tooling.
This is a flat fee across all strategies.
Platform fee= 2.5%
What is the SteakHut Performance Fee?
Liquidity vault strategists can opt to charge a performance fee, which is a percentage of the total swap fees earned by the strategy. Performance fees may vary between protocols and pools, be sure to check the dApp for up-to-date pricing.
SteakHut supports multiple DEXes which each employ varying tokenomics. SteakHut's performance fee will also accrue on DEX fees redistributed as rewards, fees can often vary, ensure you're happy with rewards APRs listed on the dApp.
Ensure to check the dApp for the most up-to-date fee structure for a particular liquidity strategy
SteakHut only ever acquires fees on rewards, never on the user's principle
How are fees used?
SteakHut rewards a portion of fees to STEAK-Holders (currently 50%). When rewards are accrued they are held in SteakHut's treasury and can be returned to STEAK-Holders via the STEAKING rewards application.
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