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Strategy Setup Guide: How to Configure Fees, Redemptions, and Rewards on GRVT

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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.

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