Punk Protocol
  • Introduction
  • User Guide
    • Deposit
    • Claim
    • Terminate
    • Observe Radar
  • Update Report
    • A Better Technique to Join DeFi 401k
    • ETH added on Kovan Testnet
    • Meet Punk on Mobile
  • Glossary
  • SAVER
    • Motivation
    • Mechanism
      • Saver Architecture
      • Saver Parameters
    • Investment Models
      • USDT - Compound Model
      • USDC - Compound Model
      • DAI - Compound Model
      • ETH - Compound Model
    • Fee Structure
  • PUNKNOMICS
    • Basics
    • Traction
    • Token Distribution
  • SECURITY
    • Bug Bounty Program
    • Protocol Address
    • Contract Audit
  • More
    • Brand Assets
    • Cookie Statement
  • Community
    • Github
    • Medium
    • Twitter
    • Discord
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  • Success Fee - 20% of interest
  • Service Fee - 1%

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  1. SAVER

Fee Structure

Success Fee - 20% of interest

The success fee is deducted 20% from your every yield earned every.

- Last Updated on Oct 13, 2021

Service Fee - 1%

For the stable operation of the protocol over the long term, the service fee of 1% is deducted when users claim their payout or terminate their contract. The service fee increase at the same rate every block time up to 1% per year, which is fixed at 1% after a year. However, if you terminate early, it will be deducted multiply FeeMultiplier (200% initial, this mechanism serves as an incentive to help the long-term existence), and this can be changed through governance later.

- Last Updated on Oct 13, 2021

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Last updated 3 years ago

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