# Deposit Fee

The deposit fee is a one-time charge applied when depositors contribute capital to the On-chain Investment Vehicle (OIV), calculated as a percentage of the investment amount.

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## **Principles**

1. **Payment Method**:

* The performance fee is distributed in denomination (base asset) of the given On-chain Investment Vehicle.

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## Formula

$$
NAV\_{deposit}=NAV\times(1+r\_D)
$$

Where:

* $$r\_D$$: Deposit Fee Rate