Fee Structure

Fee Overview

JVAULT uses a simple flat fee model of 0.25% on both deposits and withdrawals to cover operational costs and team compensation.

Fee Type	Rate	When Applied	Purpose
Deposit Fee	0.25%	Upon deposit	Team revenue
Withdrawal Fee	0.25%	Upon withdrawal	Stays in vault (increases NAV)
Management Fee	0%	N/A	No ongoing fees
Performance Fee	0%	N/A	No success fees

Deposit Fee Calculation

Deposit Fee Calculation

JVAULT Amount = USDC Deposit / Current NAV Deposit Fee = USDC Deposit × 0.0025 // 0.25% → team revenue Net USDC = USDC Deposit - Deposit Fee User Receives = Net USDC / Current NAV

Example:

• Deposit: $1,000 USDC
• NAV: $1.00
• Deposit Fee (0.25%): $2.50 → team revenue
• Net USDC: $997.50
• User Receives: 997.5 JVAULT

Withdrawal Fee Calculation

Withdrawal Fee Calculation

USDC Before Fee = JVAULT Amount × Current NAV Fee Amount = USDC Before Fee × 0.0025 Net USDC = USDC Before Fee - Fee Amount

Example:

• Withdraw: 1,000 JVAULT
• NAV: $1.05
• USDC Before Fee: $1,050
• Fee: $1,050 × 0.0025 = $2.625
• Net USDC: $1,047.375

Fee Scenarios

Small Deposit Example

Small Deposit Example

Deposit: $100 USDC Fee: $0.25 Net Investment: $99.75 JVAULT Received: 99.75 (assuming $1.00 NAV)

Large Deposit Example

Large Deposit Example

Deposit: $50,000 USDC Fee: $125 Net Investment: $49,875 JVAULT Received: 49,875 (assuming $1.00 NAV)

Profitable Withdrawal Example

Profitable Withdrawal Example

Original Investment: 1,000 JVAULT (at $1.00 NAV) Current NAV: $1.10 (10% gain) Withdrawal Value: $1,100 Fee: $2.75 Net Proceeds: $1,097.25 Total Return: $97.25 (9.725%)

Revenue Model

Fee Distribution

• Deposit Fees (0.25%): Team revenue for operations & development
• Withdrawal Fees (0.25%): Stays in vault to increase NAV

NAV Growth Effect

The withdrawal fee mechanism creates a positive feedback loop:

1. More Withdrawals → More fees stay in vault
2. Higher Vault Value → Higher NAV per JVAULT
3. Increased Token Value → Benefits all remaining holders

Example: Vault Growth from Activity

Example: Vault Growth from Activity

Week 1: $1M vault, 1M JVAULT, NAV = $1.00

• Deposits: $100K (fee: $250 to team)
• Withdrawals: $50K (fee: $125 stays in vault)

Week 1 End: $1.05M vault, 1.05M JVAULT, NAV = $1.001 Result: NAV increased from trading + withdrawal fees

Revenue Allocation (Deposit Fees Only)

• 40%: Development & maintenance
• 30%: Operations & infrastructure
• 20%: Security audits & insurance
• 10%: Team compensation

Transparency

• All fees collected on-chain
• Weekly fee reports published
• Annual usage breakdown provided

Fee Comparisons

Protocol	Deposit	Withdraw	Mgmt	Perf
JVAULT	0.25%	0.25%	0%	0%
Traditional	0-1%	0-1%	1-2%	10-20%
DeFi	0-0.5%	0-0.5%	0-2%	5-20%

Cost Efficiency

JVAULT's fee structure is designed to be:

• Predictable: Fixed percentage, no surprises
• Fair: Same rate regardless of amount
• Transparent: All fees disclosed upfront
• Competitive: Lower than traditional alternatives

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