💱Fees

Entrance Fee: 0%

Buy Back Rate: 5% of yields will buy back $SIMPLI token at market price and burn. Thus, $SIMPLI is used to accrue value from the platform usage.

Management Fee: 5% of yield farming will go to our dev fund to be used for R&D in blockchain, quantitative research, and financial engineering

Exit Fee: 0.5% of asset will be deducted when the user withdraws or closes all positions in SIMPLI. This is to disincentivize people from withdrawing funds too frequently

Re-Allocation Fee: Will be announced when SIMPLI FINANCE 1.1 is complete.