1. How would you like to set your management fee? (% Range: 0% to 4%)
The management fee is a continuous fee you earn based on the total assets under management (AUM) in your strategy. It’s paid daily in the form of newly minted strategy shares.
Higher fees compensate you more, but may discourage investors.
Lower fees are more attractive to investors and may help you build AUM faster.
2. How would you like to set your performance fee? (% Range: 0% to 40%)
The performance fee is charged only when your strategy earns a profit for investors. It’s calculated on the gains realized during redemptions.
This aligns your incentives with investor returns.
Choose a level that reflects your confidence and competitiveness.
Example: If an investor gains $10,000 and your fee is 20%, you earn $2,000.
3. What will be the reward split for your investors? (% Range: 0% to 100%)
This setting determines what percentage of GRVT Vader and LP points earned by the strategy will be shared with investors.
The higher the percentage, the more rewards go to investors.
You keep the remaining share as the manager.
Example: If your strategy earns 10,000 points and the split is 82%, investors receive 8,200 points and you keep 1,800.
4. What multiplier should the strategy use for automatic redemption of shares? (Range: 80% to 200%)
A strategy can auto-fulfill redemption requests if it has safe excess capital based on an auto redemption barrier. The Auto Redemption Barrier (ABR)
is a safety multiplier set by a manager that determines how conservatively capital is reserved before allowing automatic fulfillment of redemption requests. It adjusts how much of the initial margin must remain untouched to maintain risk thresholds.
A lower ABR (e.g., 0.8/80%) makes it easier to auto-redeem by requiring less margin buffer.
A higher ABR (e.g., 2.0/200%) is more conservative, requiring more margin to be set aside before redemption is allowed.
A autoRedemptionBalance
that is greater than 0 can process redemptions without manager intervention.
autoRedemptionBalance = availableBalance - initialMargin * autoRedemptionBarrier
5. What will be your strategy’s AUM cap?
The AUM cap is the maximum total amount of USDT that can be invested in your strategy.
Set this based on how much capital you are prepared to manage.
Capped AUM also creates perceived scarcity and can protect early performance.
6. What will be your Minimum and Maximum Redemption period? (Min: 0–7 days, Max: 1–28 days)
The redemption window defines the timing rules for when investors can exit your strategy.
The minimum redemption period is the lock-up time. Redemption requests are inactive during this period and cannot be processed.
The maximum redemption period is the outer limit. If a request is not fulfilled by this time, GRVT will automatically process it on the investor’s behalf.