Fee Distribution
The mechanism of the protocol fee distribution
Protocol treasury is a smart contract owned by the Quinoa protocol to save assets as a cash flow from service fees.
The fees are collected by two distinct way, Protocol fee and Performance fee. The protocol fee is a service fee for users to use Quinoa protocol like trading NFT fund position or collateral loan service. It is extracted by minting NFT fund position and borrowing loan asset. it is currently 2% of asset in each transaction. The performance fee is deducted from yield profit earned every time a strategy of investment vault harvested. The 50% of fee of yield profit goes to the protocol treasury and the other goes to the DAC, the strategist who set the investment vault. Currently, it is set by 15% as a default.
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