Fee Structure
Bondi maintains transparent pricing across all platform operations. Our fee structure is designed to support sustainable operations while keeping costs competitive. Fees shown below are platform-level fees and do not include any taxes or onchain gas costs. All fees are subject to change.
Where fees are deducted onchain, commissions are split equally among configured fee receiver addresses. This gives Bondi the flexibility to share revenue with partners —for co-branded listings, distribution programs, or incentive sponsors— without changing the rates investors see or redeploying contracts for each arrangement.
Platform Fees
Minting Fee
1% on new Bond Token issuance.
Applied when Bond Tokens are minted after a successful Funding Phase. This fee consists of a 0.5% service fee covering operational costs and a 0.5% platform fee for Bondi.
The minting fee is split into two onchain parameters: serviceFeeBps (service fee charged to Bondi by our third party providers) and bondiCommissionBps (Bondi commission), both set in basis points on the Funding contract. Fees are deducted from raised capital at extraction and split equally among the configured fee receiver addresses. These parameters can be adjusted by the admin before a funding round begins.
Coupon Fee
0.5% on periodic coupon payments.
Applied to each coupon distribution throughout the bond's lifecycle. This fee supports the ongoing operations required to receive payments from traditional markets, convert them to stablecoins, and distribute them to token holders.
The coupon commission is set as the immutable couponCommissionBps parameter at deployment time per Bond Token. It cannot be changed after deployment. The commission is deducted from the gross coupon deposit, split among fee receivers, and only the net amount is distributed to holders via Merkle proofs.
Redemption Fee
0.5% on principal redemption at maturity.
This is the standard redemption fee for the normal end-of-life path. Charged when Bond Tokens are burned to receive the full face value at bond maturity. This fee covers the costs of traditional market operations, custodian services, and smart contract execution for the redemption process.
The redemption commission is set as the immutable principalCommissionBps parameter at deployment time per Bond Token (the same parameter applies to issuer bond calls). It cannot be changed after deployment. It is applied when principal is registered onchain via Distribution.setPrincipal(). Holders who hold Bond Tokens in their wallet redeem directly from Distribution; the net amount (after commission) determines each holder's pro-rata payout.
Early Redemption Fee
0.5% on completed early offchain resale through the Redemption Vault.
An exceptional path — most holders exit at maturity or through secondary markets. This fee applies only when an offchain broker sale actually completes through the Redemption Vault; depositing Bond Tokens to request an exit does not trigger it. Deducted from gross resale proceeds; holders receive net stablecoins after settlement.
Does not apply to cancellations before the batch locks (Bond Tokens returned in full), to the maturity fallback (the standard Redemption Fee applies when the vault settles through Distribution), or to ordinary maturity redemption and issuer bond calls.
Secondary Market Trading Fee
0.3% on all trades through the Secondary Market
Charged on secondary market transactions made through the Secondary Market menu in the app.