Fee Structure

Comprehensive overview of Sherpa protocol fees

The following user interactions within the Sherpa protocol incur fees, listed with their respective percentages:

Swaps

Single token swaps — 0.05% fee (involving 1 input and 1 output asset)

Multi token swaps involving:

• 3-4 assets — 0.1% fee

• 5-8 assets — 0.15% fee

Above asset quantities count both multiple inputs and outputs

Strategy Lab & Apex

0.2% fee on executed limit orders and DCA schedules. No fee for placing orders.

Single token trades — 0.15% fee (involving 1 input and 1 output asset)

Multi token swaps involving:

• 3-4 assets — 0.2% fee

• 5-8 assets — 0.3% fee

Publishing Strategies

No direct cost; however, users must hold mSHERP in order to publish Strategies. By holding an increased amount of mSHERP, users can create a larger number of Strategies and earn a higher share of fees from adopting users. See VIP Tier Schedule

Yield Opportunities

No charge to delegate to them aside from the Position creation fee above; however, there is a 5% performance fee deducted from any yield the user earns.

Note:

Once the minimum asset quantity is reached, this percentage is applied to all assets in the swap, e.g., in an eight asset multi-swap, all eight assets are charged a 0.12% fee swap 2 assets 0.05% over 3-4 0.1% 5-8 0.15%

strategy trades 2 assets .15% over 3-4 0.3% 5-8 0.45%