Know what each fee pays for.
Vault charges, trading fees and creator entitlements are separate mechanisms. They apply to different actions and calculation bases.
Vault, Provider, SEC and locking live · Community voting pendingTrading-pool and hook fees.
| Market | Pool fee | Hook fee |
|---|---|---|
| SECTOR100 | 1% | None |
| SEC | 1% | 2.5% |
| Launchpad tokens | 1% to 5%; chosen by the creator at launch | None |
For launchpad tokens, the creator selects the pool rate once at launch. It is permanently fixed for that launched pool, with no later change by the creator or an admin. The public web flow sets the hook fee to zero; check the on-chain record for other configured launches.
| Recipient | Share |
|---|---|
| Creator (the wallet named at launch) | 80% |
| SECTOR100 platform | 20% |
The split is a constant of the launch contract: 80% of every pool fee to the creator, 20% to the platform, on every launched token, forever. Payout can be triggered by anyone and sends each share directly to its wallet; the platform share continues into the fee converter, which turns it into USDG.
A pool fee applies to a swap in the relevant market. A hook is additional contract logic associated with a market; the planned SEC market uses a 2.5% hook fee on buys and sells, in SECTOR100, to the platform.
Launchpad pool rates and the hook are enforced by the deployed launch contracts. Existing constituent V3 pools use their own actual rates shown in the terminal.
The four vault charges.
| Charge | Rate | When and how |
|---|---|---|
| Creation | 0.25% | Allocated in shares when new investor shares are created |
| Redemption | 0.25% | Transferred in shares before the remaining shares are burned |
| Management | 0.25% per year | Accrued over elapsed time by minting treasury shares |
| Performance | 0.25% of qualifying gains | Charged above the NAV-per-share high-water mark by minting treasury shares |
The four numbers are not one flat 1% fee on every action. Entry and exit are separate events, management depends on time, and performance depends on qualifying gains. Management and performance charges dilute existing holders.
The rates are constants in the vault code and the fee recipient was fixed at deployment: the fee converter, which turns every fee into USDG for the fee wallet. A governance vote cannot change these vault rates or redirect the recipient.
The performance high-water mark.
The performance calculation compares the current net asset value per share with the stored high-water mark. Only gains above that mark qualify. If the price feed is unhealthy, performance-fee accrual cannot proceed; it is deliberately separate from normal creation and redemption.
Staking fees.
SEC locking has no entry fee or exit fee. The full deposited principal is available to its depositor after maturity. There is no APR or automatic reward. Network gas still applies.
Platform fees settle in USDG.
Supported platform fee assets can be converted into USDG by the owner or an authorized keeper. The vault's fees (SECTOR100 shares), and the platform share of launchpad fees (SECTOR100 shares and launched tokens) all land in one converter contract. It redeems SECTOR100 shares through the router into USDG, sells SEC or a launched token on its own pool first, and pays the USDG to a single fee wallet fixed at deployment. Conversions are run with a USDG floor, so a moved market cannot shortchange them. Creators keep their own 80% in the currency it was earned in. The official protocol flows are the exception: vault fees, fees from the protocol lock position, and the planned SEC launch-position fees go to the platform converter. Users collect the fees of their independently owned Provider positions themselves.
Creator fees and Provider fees.
Connect the deployer or registered fee wallet to Claim fees for lifetime totals and USDG conversion. The platform owner or keeper can use the protocol fee account; its USDG receiver is fixed in the converter. Each conversion needs a working route and a wallet-confirmed transaction.
Fees from the launcher's positions split 80% to the creator recipient and 20% to the platform. Fees can accrue in either pool asset.
Users collect the fees of their independently owned Provider positions themselves. The launchpad creator/platform split is not a deduction from those index-pool positions.
Other costs to consider.
A swap can also incur gas, price impact and fees from additional pools along its route. Slippage tolerance limits acceptable execution; it is not a guaranteed extra fee. The amount to review is the actual route quote and minimum received, not just one advertised pool percentage.