We know fees take away profits from your precious yields, hence, we charge the least fees on the BSC network (All APY & APRs shown have already included fees).The following sections provides a summary and a detailed explanation of the various fees associated with Pumpy vaults. For transparency, all relevant fees pertaining to each particular vault can be seen on the vault's dropdown section on the platform.
All APY and APR shown in each vault details 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.
Vault Fee (PMP Buyback & burn OR PMP Earn)
A small % of the profits from each earn() event will be used to buy back PMP tokens to be burnt, reducing the max supply of PMP forever, thereby benefiting all PMP holders & liquidity providers. The buyback burn rate is as specified in the dropdown of each vault. Currently, all vaults have a vault fee of 1.5%.
This fee serves as a mechanism to encourage early liquidity provision as well as to prevent front-running.
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%
Controller Fee: 0.2% - 0.5% (0.6% on single token vaults)
Vault Fee (PMP Buyback & Burn): 1.5%
Entrance Fee: <0.1% on initial capital (One-off)
Withdrawal Fee: 0.0%