GM Fee Structure

Fee Table

Fee TypeValue

Vault Usage fee (per annum)

2%

Approx. Yield Fee (annual equiv)

20%

Deposit and Withdrawal Fees

Deposit and withdrawal fees are calculated dynamically at the time of transaction execution. These fees are based on the weight of the asset being deposited or withdrawn in the index and the weight of the GM tokens in the index, plus an additional 0.1%.

The total fees for both deposits and withdrawals are expected to be around 0.15% to 0.2%.

The additional 0.1% is allocated to cover position management fees associated with external positions undertaken by the vault. All the fees collected from deposits and withdrawals are fully utilized for the operation of the vault and are not transferred to the treasury.

Execution Fee

A ETH execution fee is required at the time of deposit and withdrawal to cover the keeper gas cost for the position execution and chainlink low latency feed fee. This is approximately to 0.001 ETH.

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