Fees for using nests are separate and in addition to the fees collected when entering or exiting a farm.
Fees for the nests will be used for a combination of burning the governance token, adding to the treasury as well as a unique reflexive payment to current nDEFI holders as a way to incentivize long-term holding. This will be achieved by distributing ⅓ of exit fees to anyone currently holding the nest token. The fees are broken down as follows:
Entry fee 0.5%: used to burn Polly tokens
Annual streaming fee 1%: accumulated by the treasury
Exit fee 1%: 0.66% accumulated by the treasury, 0.33% distributed to current nest holders
Fees for Polly farms will borrow the same structure as Panda and include:
- 0.75% deposit fee.
Fees are block-based and not based on timestamp. As Polygon has different average block time lately, the time under each level of fee penalty may vary - the timespans are intended as a rough guideline.