VLND Fees

Management Fee

VLND token holders incur an annual management fee of 5% paid to Plots.

The management fee is deducted monthly from new ETH deposits and/or NFT revenues. At the beginning of each month, the AUM is multiplied by 0.05/12 to calculate the monthly fee.

Example of $100,000,000 AUM July 1st 2024:

July AUM Fee = ($100,000,000 x 5%) / 12 = $416,666 Therefore, the fee for July 2024 is $416,666.

Redemption Fee

f a holder of VLND tokens wishes to sell back to Plots instead of on a DEX, redeeming VLND for ETH incurs a 2% fee.

The purpose of the redemption fee is to compensate the platform, in this case, Plots, for providing the service of converting VLND tokens back to ETH and providing liquidity.