Fees

The cheapest yield optimiser on BSC & HECO network

We know fees take away profits from your precious yields, hence, we charge the least fees on the BSC & HECO network (All APY & APRs shown have already included 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).

Summary

BSC Vaults

  • Controller Fee: 0.2% (for Venus vaults: 0.6%)

  • Platform fee (treasury): 0.5%

  • Vault Fee ($AUTO Buyback & Burn): 1.5%, 3.0% for non-$AUTO earning vaults

  • Deposit Fee: <0.1% on initial capital (One-off)

  • Withdrawal Fee: 0.0%

Total Fees: 2.2 - 2.6% + <0.1% on initial capital

For the PancakeSwap WBNB-AUTO LP vault, there are no fees at all.

HECO Vaults

  • Controller Fee: 0.08%

  • Platform fee (treasury + revenue sharing): 0.3% + 1.5% = 1.8%

  • Deposit Fee: <0.1% on initial capital (One-off)

  • Withdrawal Fee: 0.0%

Total Fees: 1.88% + <0.1% on initial capital

Details

Controller Fee

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.

Vault Fee ($AUTO Buyback & burn)

A small % of the profits from each earn() event will be used 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%.

Vault Fee (Reward $AUTO stakers)

Vaults from cross-chain as in the case of HECO will be used to reward $AUTO stakers who stake their $AUTO tokens on single token vaults on the BSC network. Currently, the BSC-HECO bridge has not been built but will be up in approximately a month from now, and this Vault Fee of 1.5% will be implemented on all HECO vaults.

Deposit Fee

This fee serves as a mechanism to encourage early liquidity provision as well as to prevent front-running.

Deposit / Entrance fee =

[1(Deposit(tvl)/(Deposit(tvl)+Vault(tvl))]0.1[1−(Deposit(tvl)/(Deposit(tvl)+Vault(tvl))]∗0.1

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%

Withdrawal Fee

0.0%