Fees

Issuance fee:0%

This fee is charged when INDEX Token is issued.
*This fee is not charged when trading on the DEX.

redemption fee:0.5%

This fee is charged at the time of INDEX Token redemption.
*This fee is not charged when trading on the DEX.

Transaction fees:0.2%

This fee is charged on the volume of transactions at the time of rebalancing. The fee is not charged for TVL, but only for the volume of transactions. The frequency of transactions is set for each INDEX, so please refer to the INDEX details. Since this is a different structure from a regular INDEX, a transaction fee is used instead of a management fee. Fees will be charged separately for each protocol other than LOCKON, such as DEX, where transactions are conducted.