TraFi is blighted by hidden costs and management fees, and sadly multiple DeFi aggregators are following the same path ⚠️ 1% management fee == 10% perf fee on 10% APY == cancels out your auto-compound benefits and exposes you to third party SC risks Food for thought, right? Make sure to have a look at fees before your next vault approval: - Only agree to pay >10% perf fee for long tail/volatile assets auto-compounders or high-value, structured DeFi strategies that suit your risk-reward appetite. - Watch out for entry/exit fees >.2% (consider it a steal when entry+exit fees are worth more than 5 days worth of yield) - Avoid protocols charging fixed management fees regardless of perf. Protocols should be accountable for their strategies losses (often hiding behind alt. names such as @sommfinance's "Platform Fee"). Following @yearnfi's lead, we chose to null out management fees from protocol inception. Stay safe and aware of hidden costs, anon 💫
