Staked LP Withdrawal Fees

Fee Schedule for withdrawals of staked LPs w/ explanation.

To discourage short-term yield-farming and reward long-term, DAO members.

If you withdraw your staked LP (removing it from receiving FATE rewards) within the time/block rates listed below, you will incur:

2 Sets of Fees:

Locked FATE Fee:

1. Vested FATE is locked and unclaimed rewards.

2. Reduces the rewards earned (both locked and unlocked) - by the percentage within that duration. After 18 days a member can withdraw and will receive 100% of their locked rewards at the end of the epoch. Before 18 days a user can withdraw their staked LP but will pay a fee that will go to members.

LP Fee:

Reduces the LP you created and deposited for staking rewards, by reducing the LP value at the time of withdrawal, when removed from staking, by the percentage within the durations listed.

The exact amounts for each user are clearly presented on within the LP management page.

Since FATExDAO is not attempting to offer DEX/exchange services or benefit from a liquidity-emissions scheme, the purpose of participation and our combined efforts are intended to generate a significantly greater reward than simply allowing members to hope to sell the token rewards they earn for a profit, a minimum withdrawal fee is always charged.

The exact fees a specific LP withdrawal will be charged are calculated and presented on its management page where you are able to withdraw, claim or deposit an LP.

Why are the fees so high <4-8 days?

The fees are justified because they are designed to directly benefit members and enhance DAO capital valuation:

The DAO is not a traditional dex/yieldfarm, FATE is created with a purpose, DAO membership is not free.

Members benefit from these fees:

Vested FATE Fees:

• Are automatically returned to the FATExFi reward controller to increase the rewards dedicated members receive.

• Members may vote on exactly how they would like to use these additional tokens.

LP Fees:

• The LP tokens go to the xFATE pool by using them to automatically buy xFATE.

• This is a unique, first-use feature of FATExFi.

• When this occurs, it will increase the value of xFATE (and consequently FATE, since xFATE acquisitions require any transaction to route through FATE)

Changes/adjustments to the above fees may occur if a proposal to do so is approved using DAO voting procedures.