Fees

This section describes all fees paid when interacting with Metera Protocol V.1

  1. Fund Manager (PM) Fee:

  • Entry ∧/∨ Exit Fee:

    • Set by the FM when creating an MTK

    • Paid by the user with an x% of the minted MTKs in a deposit ∧/∨ withdraw order

    • Collected by the Processor and paid to the FM

    • Accrued and collected by the FM whenever

*This fee is subtracted from the total MTK minted in the order.

*The collected fee is guaranteed by the validator

  1. Platform Fees:

  • Fixed fee collected by the site processor with each interactions (Deposit / Burn).

  • Paid in ADA

  • This fee goes directly to the DAO Treasury

*This fee is intially set at 0.5% of the total value, but it can be changed by the DAO to either increase or decrease it.

  1. Blockchain Fees:

  • Paid in ADA


Future plans for fees:

  • Asset Based Fees:

    • Yearly fee set by the PM

    • Fee is collected by inflating the total MTK supply and paid to the PM in an epoch basis.

      • (yearly fee %) / 73 = MTK Epoch Inflation Rate

  • Exit Fee / Entry Fee Flexibility

    • PMs will be able to select if they wish to collect an entry, exit or both fees.

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