Comment on page

APY and Deposit Fees

Even though the APY's of our single-stake vaults depend on GLP’s APR for each different week, we guarantee that the rate will fluctuate in the following ranges:
  • BTC: 7-30%+ APY
  • ETH: 7-30%+ APY
  • USDC: 7-30%+ APY
There will be deposit fees for each of the vaults, as GMX takes 0.15- 0.25% fees for minting and redeeming GLP. As we want to encourage more vault stakers, we will take the loss on deposit fees, and the fees will be as follows:
  • BTC: 0.5% deposit fees
  • ETH: 0.25% deposit fees
  • USDC: 0.25% deposit fees