{% hint style="info" %} Fees for using nests are separate and in addition to the fees collected when entering or exiting a farm. {% endhint %}
Fees for the nests will be used for a combination of burning the governance token, adding to the treasury as well as a unique reflexive payment to current nDEFI holders as a way to incentivize long-term holding. This will be achieved by distributing ⅓ of exit fees to anyone currently holding the nest token. The fees are broken down as follows:
Entry fee 0.5%: used to burn Polly tokens
Annual streaming fee 1%: accumulated by the treasury
Exit fee 1%: 0.66% accumulated by the treasury, 0.33% distributed to current nest holders
Fees for Polly farms will borrow the same structure as Panda and include:
- 0.75% deposit fee.
{% hint style="info" %} Fees are block-based and not based on timestamp. As Polygon has different average block time lately, the time under each level of fee penalty may vary - the timespans are intended as a rough guideline. {% endhint %}
| Timespan | Fees/Penalty | Penalty expiration after first deposit |
|---|---|---|
| Deposit | 0.75% | |
| Direct withdraw in same block | 99% | |
| Within 1 hour | 50% | 1525 |
| Within 1 day | 25% | 36600 |
| 1-3 days | 12% | 109800 |
| 3-5 days | 8% | 183000 |
| 5-14 days | 4% | 512400 |
| 14-28 days | 2% | 1024800 |
| After 28 days | 1% |