Fees

Dovish believes that the DeFi space should be strictly win-win.

And we believe the best way to signal that belief of ours to our users is through our fee structure:

Fee Structure

• 1% streaming fee per annum, collected throughout the year.
• 0.5% redemption fee.
• 0% issuance fee.

Why are the fees structured as such?

The underlying reason for this setup is that the Dovish protocol is incentivized to perform well enough that users are happy to leave their money in our automated strategies.

Furthermore, users are not punished for slowly DCA-ing into their crypto investments into Dovish, and can take their time to grow their crypto wealth.

The redemption fee is also to deter any attacks on the protocol from front-running the Dovish protocol when oracle prices are volatile.