💵 Fees

How do we earn money?

At RLD, we believe in transparent and fair fee structures that benefit our users. Performance fees are collected from each vault on every harvest, which occurs whenever the vault reinvests and compounds back in the underlying protocol. This helps to ensure that our platform remains sustainable and can continue to provide high-quality services to our users.

Fees can differ for each vault and are dependent on a few factors, including the APY. To ensure that the revenue received for each user is always substantially more than the base APR for each pool, we take lower fees from vaults with lower APYs. Currently, all vaults have a 5% performance fee.

It's important to note that there are no deposit or withdrawal fees on our platform. This means that you can deposit and withdraw your funds as often as you like without incurring any additional costs.

As an example, let's say the revenue for a given harvest period is $100, and the performance fee is 5%. In this scenario, $5 would be given to RLD, and $95 would be reinvested and compounded. This allows us to maintain our commitment to providing high-quality, user-centric services while ensuring that our platform remains sustainable and profitable.