Fees

For detailed information on the fees related to different vaults and strategies, please refer to the product page.

• Only Yield Layers & Strategy Vaults charge performance fees

• Automated strategies on Polygon and Avalanche do not charge any fees

• Yield Layers does not charge any fees when the strategy is not active

1. Performance Fee CIAN charges a 8% performance fee on profits made. This fee is already calculated in the Net APY shown. Net APY = Gross APY * ( 1 - performance fee ).

For example, if you deposit 10 ETH and the APY is 10%, the performance fee we charge for the year would be: 10 × 10% × 8% = 0.08 ETH

1. Exit Fee 0.02% of the users’ NAV will be charged when exiting the vault to prevent malicious behavior.

This fee will directly go back into the vault.

The performance fee is charged continuously, while the exit fee is only charged once.

Suppose you deposited 10 ETH into a Yield Layer and kept it there for an entire year before withdrawing. The average APY for this Yield Layer is 10%.

The total fees would be: Initial deposit: 10 ETH APY: 10 % Time period: 1 year Performance fee: 8% Exit fee: 0.02%

1. Earned yields = 10 ETH × 10% = 1 ETH

2. Performance fee = 1 ETH × 8% = 0.08 ETH

3. Final position before withdrawal = 11 ETH (10 ETH initial + 1 ETH yield)

4. Exit fee = 11 ETH × 0.02% = 0.0022 ETH

Total fees = Performance fee + Exit fee = 0.08 ETH + 0.0022 ETH = 0.0822 ETH