Fees

Simple: followers pay a Seat Fee per 30-day Epoch. It is released only if the trader keeps the Seat Contract.

price = base × (days / 30)^0.9 × (1 + 0.5 × occupancy²)

Base price (trader-set)

30 USDC

5 USDC100 USDC

Occupancy

84%

0%100%

Term

Seat price

40.58

USDC for 30 days · 40.58 per 30d

Longer terms are slightly cheaper per day. The price rises as the strategy fills and is locked for your term.

Defaults reproduce the worked example: 100 Seats × 30 USDC, +3% Epoch, 10 resales.

Seats filled ($3,000 allocation each)

100

5300

Seat price per Epoch

30 USDC

5 USDC100 USDC

Epoch return

-5%15%

Seats resold this Epoch (at 200 USDC)

040

Performance fee add-on (15%)Only on new profit above each follower's high-water mark

Source	Gross	You	Platform
Seat Fees	3,000	2,250	750
Performance fee 15%	1,350	1,013	338
Resale royalty 5%	100	100	0

Your income per kept Epoch

3,363 USDC

Platform 1,088 USDC · Hard breach → 0 for that Epoch

Subject to change

Share of Seat Fees (kept Epochs)	25%
Share of performance fees	25%
Seat resale fee (if enabled)	2%
Trader royalty on resale (if enabled)	5% (to trader)
Breached Epoch	0% — full or pro-rata refund
Trader Bond	1% of Capacity, min. 500 USDC — slashed only for fraud
Follower deposits / withdrawals	None — capital stays on your exchange