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
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%
Last updated