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What is a Performance Fee?

Performance Fee is fixed fee in % that applies to NOBI Earn (Staking & Savings) and NOBI Pro (Strategy). It is charged based on product performance, thus it is waived when the product doesn’t perform compared to its previous peak performance. Otherwise, the fee is charged from the net gain on the 28th of every month or when the user remove asset from a product by calculating.

Illustration

On July 15th – Mr. Dino followed 0.01 BTC on Nova Oscillator strategy. The fees for Nova Oscillator at the time were as follow:

[wptb id=9834]

These are for illustration only. Please check the NOBI app for the latest fees. All fees are subject to change.

17 days after that, on July 31st – Mr. Dino decided to remove his asset which had grown 5% from 0.01 BTC to 0.0105 BTC. In the end here are the estimation of fees that Mr. Dino had paid:

[wptb id=9837]

Please note that we distribute part of Performance fees (along with Following fees & Service fees) as token of appreciation to our most loyal user. Please see NOBI Fees & Referral Bonuses and Cashback for more detail.

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