Fees

bbHLP charges a maximum of 1.5% annualized management fee on assets inside the protocol. This fee is updated on all changes in shares inside the protocol and is reflected in the issuance of shares to the fee collector's address.

bbHLP does not charge any mint or redeem fees to the user.

The management fee will be waived for the first two weeks of the live product.

97% of the fees from bbHLP will be used to purchase $HYPE and put into Blueberry's Liquidity module.