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App Incentive Model

  • All yield-generating apps on steer have a 15% performance fee that is split among all the network participants.

    • 5% — Node Runner

    • 5% — App Creator

    • 5% — Steer Protocol

  • When a yield-generating app is cloned onto a new token pair, the original app creator retains all fees earned. If the app was originally created for WETH-USDC and someone clones it to use it for USDC-DAI, the original app creator will earn 5% fees on the new vault in addition to the old one.


All the fees are controlled by the steer general governance contract.