Fees

There is a flat performance fee of 2% to 5% swap fees.

For example, if a user creates a vault to manage liquidity and the vault earned $100 fees from Uniswap, the vault's depositors receive $98 and Charm receives $2.

There are no exit fees, AUM fees, or any other fees.

The total fees for every vault will be clearly displayed on the Alpha Vaults web app, and verifiable on-chain.

Community Vault managers may charge additional fees for the Community Vaults.

For example, if a user creates a vault to manage liquidity and charges a manager fee of 5%; and the vault earns $100 fees from Uniswap, the vault's depositors receive $94, the user receives $5, and and Charm receives $1.