| Header | Content |
|---|---|
| Author | Edson Ayllon (@relativeread) |
| Created | 2021-10-20 |
| Status | Planned |
Motivation
Adding a streaming fee would allow managers and the protocol to receive revenue even when the high watermark isn’t reached. Currently, managers only have the option to charge a performance fee, which can be minted only the pool has reached a new high compared to the last time this fee was minted.
Description
With a streaming fee managers may charge investors for managing their funds regardless of performance. The rate will be limited to 3% per year maximum.
Implementation
Streaming fee will be added to the manager logic contract. Streaming fee, if enabled by a pool, will be included in the function that calculates the available fee to mint by a manager.