Fees

Nest Fees

Fees for using nests are separate and in addition to the fees collected when entering or exiting a farm.
Fees for the nests will be used for a combination of burning the governance token, adding to the treasury as well as a unique reflexive payment to current nDEFI holders as a way to incentivize long term holding. This will be achieved by distributing β…“ of exit fees to anyone currently holding the nest token. The fees are broken down as follows:
Entry fee 0.5%: used to burn Polly tokens
Annual streaming fee 1%: accumulated by the treasury
Exit fee 1%: 0.66% accumulated by the treasury, 0.33% distributed to current nest holders

Farm Fees

Fees for Polly farms will borrow the same structure as Panda and include:
  • 0.75% deposit fee.
Fees are block based and not based on timestamp. As Polygon has different average block time lately, the time under each level of fee penalty may vary - the timespans are intended as a rough guideline.
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Timespan
Fees/Penalty
Penalty expiration after first deposit / last withdraw based on block
Deposit
0.75%
​
Direct withdraw in same block
99%
​
Within 1 hour
50%
1525
Within 1 day
25%
36600
1-3 days
12%
109800
3-5 days
8%
183000
5-14 days
4%
512400
14-28 days
2%
1024800
After 28 days
1%
​
​
Last modified 1mo ago
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