Understand what you keep

SteakFarm’s fee

The planned customer fee is 10% of positive realized yield after shared loss recovery, with no annual cap. It is not 10% of your deposit. Historical signed capped policies stay in force for the positions that use them. The private owner pilot has no SteakFarm fee.

Fees inside a strategy

A protocol or an underlying vault can charge its own fee before SteakFarm calculates your realized yield. These costs reduce the value or earnings of your position.

The underlying vault in the selected fixed-term candidate charged a 15% performance fee and a 0% management fee in our 5 October 2026 contract observation. The 15% applies to the vault’s fee-eligible earnings, not the amount deposited. This candidate remains under review and is not open for customer deposits. The fee can change, so it must be checked again for a live quote.

Example: if $100 of gross earnings is subject to that 15% underlying fee, $85 remains. A 10% SteakFarm fee on that $85 would be $8.50, leaving $76.50 before other costs, assuming no loss to recover. This illustrates two successive fees; it is not an APY or a promised return.

For maturity-based positions, the purchase price, maturity and redemption value determine the quoted return. Underlying fees may already affect the share value or quote. Do not subtract 15% again from a rate that already includes those costs.

Moving funds and withdrawing

Network gas, swap and bridge fees, price movement and slippage can reduce what reaches your wallet. Check the quoted minimum received and the destination asset and network before signing.

Some strategies use withdrawal queues or maturity dates. A request is not a completed payment. The selected mixed-USDC vault also has a conditional 2% forced-deallocation penalty on its adapters; this is not a standard charge on every withdrawal. A live quote must identify any applicable exit cost and available liquidity.