Creator earnings

When you create a basket, you become its on-chain creator — and you earn 90% of every fee the basket charges, paid to your wallet address in the basket's own shares. This page explains what you earn, how, and when.

What you earn

Your basket charges the three fees you set at deploy (within the caps). For each one, you receive 90% and the protocol treasury receives 10%:

Earnings scale with your basket's assets under management (AUM) and its turnover (how much people buy and sell). A large, actively-traded basket earns from entry/exit fees; a large, buy-and-hold basket earns steadily from the management fee.

How you're paid

Fees are collected as shares of your own basket, minted or transferred directly to your creator address:

• Entry & management fees mint new fee-shares to you (and the treasury).
• Exit fees transfer a slice of the redeemer's shares to you (and the treasury).

Because you're paid in shares, your earnings are themselves exposed to the basket's performance until you redeem them. You can hold them or redeem them for the underlying at any time, just like any other holder.

A worked example

Suppose your basket has $100,000 AUM and you set: entry 2%, exit 0.5%, management 1%/yr.

• Management: 1%/yr of $100k = $1,000/yr streamed. Your 90% ≈ $900/yr.
• Entry: if $50,000 of new buys flow in over the year, entry fees = 2% × $50k = $1,000. Your 90% = $900.
• Exit: if $30,000 redeems, exit fees = 0.5% × $30k = $150. Your 90% = $135.

Rough total to you that year ≈ $1,935 in fee-shares, mostly from the management stream and buy-side flow. (Illustrative — actual amounts depend on AUM, flows, and prices.)

The management stream

The management fee accrues continuously as tiny amounts of newly-minted shares (see Fee structure). It's minted on every mint/redeem touching your basket, and anyone — including you — can call accrueMgmtFee() to force it to catch up. You don't need to "claim" it to keep earning; the shares are minted to your address as it accrues.

Your creator dashboard

The app's creator dashboard (app.hoodetf.org/dashboard) is scoped to your connected wallet and shows the baskets you created, with their AUM and returns. It's your home base for managing what you've launched.

Claiming fees to USDG

The dashboard's Claimable fees card lets you realize your streamed management fee in one click:

1. It reads the pending (not-yet-minted) management fee across your baskets on-chain and shows its USDG value.
2. Claim to USDG first calls accrueMgmtFee() to mint the pending fee-shares into your wallet, then sells exactly those newly-minted shares to USDG through the zap router. It never touches your principal — only the shares the accrual just created.
3. If an accrual is too small to route through a swap, the shares are still minted to your wallet and the card tells you to sell them later; nothing is lost.

Entry fees don't need a claim step — they arrive in your wallet as basket shares the instant someone buys, indistinguishable from your other holdings. You realize them the same way you'd realize any position: sell or redeem those shares from the basket's page.

Responsibilities & limits

• You're responsible for your basket. You choose the constituents and fees; investors are trusting your judgment. Creators are not licensed advisers, and nothing your basket does is financial advice.
• Baskets are immutable. You cannot change constituents or fees after deploy, and you cannot withdraw other holders' assets — the vault has no such function. Your seed is your own redeemable position like anyone else's.
• Governance can pause mint on any basket (never redeem) if a constituent becomes problematic; this protects investors and doesn't touch your fee entitlement on existing holdings.

Ready to launch one? See Create a basket.