Fees

Starting Engine ⚙️

All Vaults (excluding Lory vaults)

There is no deposit fee in any of the vaults. There is a withdrawal fee set at 0.5% to prevent bad actors from going in and out of the vault quickly to reap the harvest and then leaving. The fee structure for the different strategies is:

• Performance fee: it varies between 8-28% of gains harvested depending on the strategy of the vault. Part of it that will be used to buy back and burn LORY as a deflationary mechanism, and to be distributed to LORY holders though our LORY Vaults. Most of it will be used to give it back to holders through the GOLDEN Lory Vault.

• Strategist Fee: 1% for the creator of the strategy.

• Network Fee: 1% for network transactions

What you see is what you get. All APY has already discounted all fees (except withdrawal)

All of these fees will ultimately go towards staking LORY, thereby ensuring the sustainability and longevity of our project and benefitting LORY holders.

Cosmic ZAP

There is between a 0.1%-0.5% exchange fee used to buy and distribute LORY to LORY holders via Lory Space Vaults.