Tokenomics & Fees
Maximum supply cap at 1,888,888 ACSI. ACSI Farms emissions began at 0.088888 888888 888888 ACSI/block. The emissions rate was reduced to match ACS emissions rate on the day their total supplies were equal, and will be reduced in sync moving forward.
All parameters may be adjusted in future via governance.
Staking in the Governance Vaults earns you a share of all protocol fees. The ACS Vault earns withdrawal and performance fees from our Vaults, and the ACSI Vault earns exchange fees from our StableSwap. They also earn their respective Farm harvest fees, and token emissions rewards (33.33% of Farm emissions).
Only ACS and ACSI staked in the Governance Vaults can participate in Governance.
Staking in the Governance Vaults represents a commitment to the protocol, and instead of a time lock, there is a significant withdrawal fee.
Governance Vault withdrawal fee: 10% (distributed to ACS / ACSI holders - remains in vault)
Governance Vault tokens (acsACS / acsACSI) are non-transferrable. You will have to withdraw to transfer.
Withdrawal fee: 0.1% Used to buy ACS and distributed to ACS holders via ACS Vault
The following performance / strategist / harvester fees are transparent to users and already accounted for in the displayed "Vault APY". We disclose them here for transparency.
Performance fee: Venus and Channels Vaults: 14.5% of gains harvested All other Vaults: 24.5% of gains harvested Used to buy ACS and distributed to ACS holders via ACS Vault.
Strategist fee: 0.5% of gains harvested To strategy creator.
Harvester subsidy: up to 0.3% of gains harvested Paid to Workers to offset gas fees.
The above Vault fees (withdrawal/performance/etc) do not apply to Pure Farms. This includes all StableSwap Farms and ACS-ACSI Farm.
Harvest fee: 0.03 ACS / 0.06 ACSI Farm harvest fees are distributed to ACS / ACSI holders via ACS /ACSI Vault.
Additional Rewards On top of the standard ACS / ACSI farm rewards, some pools emits partners / promotional tokens as additional rewards. Additional rewards are supply limited and not time limited, i.e. while stock last, 1st come 1st serve.
Exchange fee: 0.01% (ACS4USD base-pool) / 0.06% (meta-pools) / 0.04% ACS3BTC 50% of the exchange fee is used to buy and distribute ACSI to ACSI holders via ACSI Vault. The remaining 50% will be given to the liquidity providers in the pools.
Exchange fee: Variable (displayed on UI) 50% of the exchange fee is used to buy and distribute ACSI to ACSI holders via ACSI Vault. The remaining 50% will be given to the liquidity providers in the pools.