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DocsEvery fee

The money

Every fee, one page

There are four. This is all of them.

  • To create a fund: 0.002 ETH. Flat, the same for everyone, and it is the only thing you pay to open one. There is no minimum on the money you open it with.
  • The fund's own fee: 1%. The same on every fund, when you join and when you leave. Nobody sets it per fund and nobody can change it.
  • Rent: 0.5% a month, 0.65% a month, 0.8% a month or 1% a month. Charged on everything the fund holds. The creator picks one of those four when they build the fund and it is frozen forever, so it differs from fund to fund. The fund's own page states the one it charges, and The rent is how it works.
  • Trading the platform token: the pool's 1%, and on its launch market a charge of Blendfi's on top. The exact rate is on the swap card before you confirm, and Trading the token is where each part goes.
A fund charges one fee, and it covers a backer coming in and going out again. What a backer picks is how they settle it, never how much it is.
The one fee, split between what the creator keeps and what the platform keepsThe fund’s feeOne rate, the same on every fundCreator keepsBlendfi keeps1%0.6%0.4%One fee covers a backer coming in and going out again, however they settle it.To start a fund0.002 ETHflat, for everyoneEvery month0.5% to 1%of the fund, picked at creationThe one fee, split between what the creator keeps and what the platform keepsThe fund’s feeOne rate, the same on every fundCreator keepsBlendfi keeps1%0.6%0.4%One fee covers a backer coming in and goingout again, however they settle it.To start a fund0.002 ETHflat, for everyoneEvery month0.5% to 1%of the fund, picked at creation
Every fund charges the same one rate and nobody picks it. The bar is that rate; the split inside it is what the creator keeps against what Blendfi keeps. What a creator does pick is the fund's monthly rent, below.

Every fee a fund charges is split between the person who made the fund and Blendfi, the same way and in the same proportion whichever fee it is. The split never moves.

  • 60% of every fee dollar goes to the person who made the fund and the rest to Blendfi. That is true of the join fee and the rent alike, on every fund.
One deposit splitting into the fee, which is divided between the creator and the platform, and the rest, which buys the basketOne deposit into a 1% fund1 ETHThe fee, enlarged0.006 ETH0.004 ETHCreator, 0.6%Blendfi, 0.4%1% of the deposit, or 0.01 ETHThe rest buys the basket0.99 ETHSpread across the coins in theproportions the fund already holds.One deposit splitting into the fee, which is divided between the creator and the platform, and the rest, which buys the basketOne deposit into a 1% fund1 ETHThe fee0.01 ETH1% of the deposit0.006 ETH0.004 ETHCreatorBlendfiThe rest buys the basket0.99 ETHSpread across the coins in theproportions the fund already holds.
Follow one deposit into a 1% fund. The fee comes off first and is split between the creator and Blendfi. Everything left buys the fund's coins in the proportions it already holds, which is why your percentage of the fund is the same the second after you join as the second before.