fees

$BLEND will have three types of initial fees built into the protocol that can vary at any time, and will be set to zero to start.

Performance fees: % of yield accrued that is withheld from the NAV of $BLEND and other products.

Vino product fees: When using built in DeFi products within the Vino app such as swapping, lending, borrowing etc, a % fee will be applied to the transaction. Vino products are discussed in the DeFi utility section under UI/UX.

Redemption fees: % of the amount being redeemed charged as a fee upon primary redemption.

As Vino develops it’s business lines and services, more types of fees can be added to reflect the nature of building onchain financial services.