Fees-saving calculation
Note: Evia pays all the fees on user's behalf
The fee for each compounding transaction, if done manually, consists of two parts:
Claiming rewards: $0.025
Staking rewards to validators: $0.025
Therefore, the total fee for manual compounding per transaction is $0.05.
Calculation:
To calculate the fees saved when using Evia's Auto-Compounding Vaults, follow these steps:
Determine the number of auto-compounding transactions per specified time period (e.g., per day, per week, per month).
Multiply the number of auto-compounding transactions by the total fee for manual compounding per transaction.
For example, if the user sets the vault to auto-compound twice daily and the total fee for manual compounding is $0.05 per auto-compound, then for a month (30 days), the calculation would be:
Total fee saved = (Number of auto-compounds per day) * (Total fee for manual compounding per compounding) * (Number of days in a month)
Total fee saved = (2) * ($0.05) * (30) = $3.00 [Per vault]
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