The cheapest yield optimiser across the entire multi-chain space
We know fees take away profits from your precious yields, hence, we charge the least fees on all the chains that Autofarm has deployed onto (All APY & APRs shown have already included fees). We have analysed the market rates of competing yield optimisers and have found that Autofarm comes out top for charging the least platform fees.
The following sections provide a summary and a detailed explanation of the various fees associated with Autofarm vaults. For transparency, all relevant fees about each particular vault can be seen on the vault's dropdown section on the platform.
All APY and APR shown in each vault detail have already included all the relevant fees, hence achieving WYSIWYG (what you see is what you get).
This fee is used to cover gas costs for our dynamic optimised auto-compounding.
Platform Fee (treasury)
The fees collected will be allocated as part of Autofarm's treasury which can be used for varied purposes such as hiring for external audits, community engagement, marketing & salary payment for the team.
Fee to SAV ($AUTO Buyback & burn)
Based on the monthly governance vote: A small % of the profits from each earn() event will be used either to:
- Buy back $AUTO tokens to be burnt, reducing the max supply of $AUTO forever, thereby benefiting all $AUTO holders & liquidity providers. The buyback burn rate is as specified in the dropdown of each vault. Currently, all regular vaults have a vault fee of 1.5%, and non-$AUTO earning vaults have a vault fee of 3.0%.
- Distribution to the SAV as revenue / APY.
This fee serves as a mechanism to encourage early liquidity provision as well as to prevent front-running.
Deposit / Entrance fee =
Example A: Pool TVL = $10,000. You deposit $1,000. Max entrance fee = 0.1%. Entrance fee = 0.0909%
Example B: Pool TVL = $100. You deposit $1,000. Max entrance fee = 0.1%. Entrance fee = 0.00909%