Bundle DAO Fee Sharing

We’re excited to announce the upcoming launch of Bundle fee sharing! To learn more about what this entails and how to prepare, read on.

What is Fee Sharing?

The Bundle protocol natively generates fees, as described in past articles. To recap, Bundle’s currently take an exit fee (default of 2% to prevent certain arbitrage attacks) and performance fee collected continuously over a year (also with a default of 2%).

While these are intended to be configurable via governance, the goal has always been to distribute these protocol fees to Bundle holders.

Note that the team has yet to collect any fees, as we’ve been waiting to distribute these to holders! The protocol currently has over $2k in fees collected and ready to be distributed immediately; this means that users who stake in our upcoming fee sharing vault will be getting an immediate return of $2k distributed evenly.

Fee Sharing Mechanism

Bundle’s fee-sharing mechanisms are unique to the space. Staking will operate as follows:

Fee collection mechanisms operate as follows:

How to Prepare

As previously mentioned, we have roughly 3 weeks of fees collected and ready for distribution (~$2000). These will be distributed to users who deposit to the vault on the first day of it’s launch (due to how the hold mechanisms are designed). It’s strongly advised that interested parties join the vault on day 1 as these fees will be distributed to the first batch of deposits after 1 week. Given Bundle’s current capitalization, we can anticipate a roughly 5–10% direct ROI for this initial batch of depositors.

To prepare, follow our Discord / Twitter for updates! We’ll be launching the vault in the coming few days, and will add UI support for depositors. Once we announce the full release, all you’ll need to do is approve BDL for the Vault, deposit, and wait!

The DeFi portfolio management protocol.