Fees

We know fees take away profits from your precious yields, hence, we charge the least fees on BSC (All APY & APRs shown have already included fees). The following sections provide a summary and a detailed explanation of the various fees associated with Missile Farm 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 detail have already included all the relevant fees, hence achieving WYSIWYG (what you see is what you get).

Summary

  • Controller Fee: 0.2% - 0.5% (0.6% on single token vaults)

  • Treasury: 0.5%

  • Vault Fee ($MSI Buyback & Burn): 3%

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

  • Lottery Fee: 2.0%

Total Fees:

  • 5.2 - 6.0% + <0.1% on initial capital upon each withdrawal

Details

Controller Fee

This fee is used to cover gas costs for our dynamic optimized auto-compounding.

Treasury

The fees collected will be allocated as part of Missile Farm'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 ($MSI Buyback & burn)

A small % of the profits from each earn() event will be used to buy back $MSI tokens to be burnt, reducing the max supply of $MSI forever, thereby benefiting all $MSI holders & liquidity providers. The buyback burn rate is as specified in the dropdown of each vault. Currently, all vaults have a vault fee of 3%.

Entrance Fee

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

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%

Lottery Fee

2.0% of daily increased liquidity will be injected into the lottery prize pool. Team Missile views this as an alternative way to distribute airdrops and bring more hype to this project.

Withdrawal Fee

0.0%