Fee Structure

AERA charges a management fee, calculated as a small percentage of the total assets it's managing for you (often called AUM — assets under management). This is the same basic model used by traditional robo-advisors and human financial advisors; we're applying an established, well-understood approach to a new kind of asset, rather than inventing an unfamiliar pricing mechanism.

• Covered by the management fee: the ongoing work of monitoring your portfolio, generating and executing rebalances, and the infrastructure that keeps the whole system safe (monitoring, signing security, circuit-breaker review).
• Not covered by the management fee: on-chain gas costs (the small transaction fees every blockchain charges to process an action) and normal trade execution costs like slippage within the tolerance you set. These are a routine part of any on-chain trade, not something specific to AERA, and they occur separately from the management fee itself.
• No performance fee, currently. AERA does not take a cut of your gains — only a fee based on how much you have under management, regardless of how your portfolio performs.