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Rewards, Fees & Rebates

Rewards

  • Rewards accrue automatically
  • Rewards are distributed in HENLO
  • Users can claim rewards at any time via UI

Fee Structure

  • A 6.9% performance fee applies only to yield, principal is never affected.
  • 0 withdraw fee
  • 0 deposit fee

Badge-Based Rebate System

Set & Forgetti integrates with CubQuests badges to lower fees:

  • Complete CubQuests quests to earn badges.
  • S&F charges a 6.9% performance fee on yield by default.
  • Badges earn you a fee rebate that scales linearly with the number of badges you hold.
  • Holding enough badges means your net performance fee could become 0%.
  • All fee rebates are paid in HENLO.

How fee rebates work

Only the fee portion of a claim is eligible for rebate. Your rebate is proportional to your badge share:

rebate = (badges owned / total badges) * fee

Total badges at time of publication: 283

Example A — Alice (4 badges), Bob (0 badges)

Assume the fee for a claim is 1.0 iBGT.

Alice: rebate = (4 / 283) * 1.0 = 0.0141 iBGT

Bob (0 badges): rebate = 0

Example B — Alice (4 badges), Bob (50 badges)

Same 1.0 iBGT fee.

Alice: 0.0141 iBGT rebate

Bob: (50 / 283) * 1.0 = 0.1767 iBGT rebate