Fees
- Taker fee: 0 bps at genesis. The protocol reserves the right to enable a maker-taker model later via on-chain vote.
- Maker rebate: shared with the Vault LP token proportionally to TVL.
Funding
- Funding is computed hourly from the premium between mark and index.
- Positive funding: longs pay shorts; negative: shorts pay longs. Paid continuously to the position's margin, not at fixed timestamps.