Fees

Our fees.

We have 2 types of fees:

1. A 1% buy fee. This is paid at purchase and is used to cover the transaction fees that we encounter off-chain.
2. A 30% performance fee. This is paid when we have 'performed' (read: made you profits). You will pay 30% over the profits only.

As an example: Jackie invests $1000. Waits a period, and then sells the Ktokens for $1500. Jackie first pays 1% buy fee on the $1000. That means, she gets Ktokens for the value of $990. The new value is $1500. She makes $1500-990 = $510 profit. $510 * 30% performance fee = $ 153 performance fee. When Jackie cashes out, she gets $990 + $ 510 - $ 153 = $1347 in her wallet.