🌐Global Protocol Parameters

Leveraged Yield Farming Parameters

AF1.0 Interest Rate Model

AUSD Parameters

Automated Vault Parameters

Perpetual Futures Exchange Parameters

AF2.0 Parameters

Alpaca Finance's Revenue Distribution

Revenue Source	Description	Governance Vault	Buyback & Burn	Dev Fund	Liquidator	Total
AF1.0's Lending Performance Fee	19% of the borrowing interest collected	6%	4%	9%	-	19%
Liquidation Bounty	Fees charged at the time of liquidation - 5% of the position value at liquidation	-	4%	-	1%	5%
Alpies NFT's Royalty Fee	5% of the Alpies NFT's sale price taken from the seller	-	2.5%	2.5%	-	5%
Single-Asset Farming Performance Fee	19% of the farming rewards (token only, excl. trading fees)	10%	-	9%	-	19%
Farming Performance Fee	9% of the yield farming rewards portion of farmer's revenue	5%	-	4%	-	9%
AUSD's Stability Fee	2% annually of the AUSD debt position size	-	1%	1%	-	2%
Auto-Farming Performance Fee	9% of the rewards earned from farming the collateralized assets in AUSD positions	5%	-	4%	-	9%
AV Farming Performance Fee	15% of the farming rewards (token only, excl. trading fees)	8%	-	7%	-	15%
AV Management Fee	2% annually of the equity value	-	1%	1%	-	2%
AV Withdrawal Fee	0.2% of the withdrawn value	-	0.1%	0.1%	-	0.2%
Perpetual Futures Exchange Fee	30% of all the fees generated on the platform (swap fee, borrowing fee, trading fee)	10%	6%	14%	-	30%
AF2.0's Lending Performance Fee	19% of the borrowing interest collected	6%	4%	9%	-	19%