Fees

Treehouse charges two types of fees:

Performance Fee

• A 20% fee on the Market Effective Yield (MEY) earned.

• Only applied when MEY is positive.

• Collected in the base token of the pool prior to each P&L rebase event (e.g., tETH → charged in tETH, tAVAX → charged in tAVAX).

Fastlane Fee

• A 0.5% fee for using the Fastlane service, paid in the underlying LST (e.g., wstETH for tETH).

• The Fastlane provides instant liquidity as an alternative to the normal redemption queue.

• Users redeeming via Pendle integrations (e.g., YT-tETH, LP-tETH holders) are automatically routed through the Fastlane and incur this fee.

Example: Redemption Wait Periods & Fastlane Fee Adjustments

• tETH → Standard redemption wait period: 7 days, Fastlane Fee: 0.5%

• tAVAX → Standard redemption wait period: 17 days, Fastlane Fee: 0.5%

• tHYPE → Standard redemption wait period: 10 days, Fastlane Fee: 0.5%