Fees

Nest Fees

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

Farm Fees

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.

Timespan	Fees/Penalty	Penalty expiration after first deposit / last withdraw based on block
Deposit	0.75%
Direct withdraw in same block	99%
Within 1 hour	50%	1525
Within 1 day	25%	36600
1-3 days	12%	109800
3-5 days	8%	183000
5-14 days	4%	512400
14-28 days	2%	1024800
After 28 days	1%