Fee

The vault fee structure consists of

• 10% performance fee

• Withdrawal fee (only if the vaults have an active position).

If the vault strategy is profitable and the options expire worthless, the weekly performance fee is charged on the premiums earned. If the strategy is unprofitable, no fees are levied. For the option selling vaults, after contracts expire for the week - there'll be a 2-hour gap before selling resumes, during this time no withdrawal fee will be applied on withdrawals.