# Trading Fees

Prodigy.Fi operates with a transparent fee structure:

#### **Vault Subscribers:** 

No trading fees for vault subscribers depositing funds into vaults. Vault subscribers are only responsible for gas fees incurred during deposits and withdrawals.

#### **Vault Creators:** 

The trading fee vault creators pay is determined using 3 components:

1. **Investment Token Price**: The Investment Token's price **at the time of vault creation**. 
2. **Filled Quantity:** The total quantity filled in the vault by vault subscribers. 
3. **Yield**: The yield offered to vault subscribers.

#### Trading Fees

* Currently, Prodigy.Fi's fees are fixed at 60% of the yield offered to vault subscribers.
* Trading fees are collected upfront, and any unused fees will be refunded during withdrawal when the vault expires.

#### **Trading Fee Formula:** 

```
Fees = 60% x Yield × Filled Quantity x Investment Token Price
```

#### **Example A: Buy Low Vault**

* Total USDC quantity in a Buy Low vault = 10,000
* Filled quantity = 8,000 USDC
* Yield offered to vault subscribers = 10%
* Investment token = USDC
* Investment token price at the time of vault creation = $1.00

`Fees = 60% × 10% x 8,000 × 1 = 480 USDC`

#### **Example B: Sell High Vault**

* Total ETH quantity in a Sell High vault = 20
* Filled quantity = 7 ETH
* Yield offered to vault subscribers = 1%
* Investment token: ETH
* Investment token Price at the time of vault creation = $3500

`Fees = 60% x 1% x 7 x 3500 = 147 USDC`