💵Fees
Pocket will charge a 1% fee on each transaction which will not reduce our total value locked (TVL)
Re-balances
Deposits
User performance fees (TBD)
Pocket will charge a 1% fee on each transaction which does reduce our TVL.
Any type of withdrawal
Fee Distribution
Pocket shares fees with creators on copied portfolios.
A user creates a portfolio from scratch -> All creation fees from scratch go to Pocket
A user copies another users portfolio -> 50% copy fees go to Pocket 50% copy fees go to the creator of the profile
A profile creator rebalances their portfolio -> a user who copies that creator accepts the proposed rebalance -> 50% of rebalance fees go to Pocket 50% of rebalance fees go to the creator of the profile
If a user is creating anything from scratch for the first time, 100% of the creation fees go to Pocket.
As Pocket grows and our TVL increases, fees will be subject to change based on protocol performance and number of active users.
Fee sharing is directly correlated to platform performance/revenue. As the platform's revenue grows, fees shared with holders will also be subject to growth. Similarly, if the platform's revenue diminishes, fees for holders could be subject to decrease.
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