Fee Rate of KuCoin Leveraged Tokens

1. Trading Fees: The fee schedule is the same as that of the spot trade. For more information, please check https://www.kucoin.com/vip/level?lang=en_US.

2. Subscription Fees: Subscription fees are charged when users subscribe tokens. Currently, the fee rate is 0.1% per subscription.

3. Redemption Fees: Redemption fees are charged when users redeem tokens. Currently, the fee rate is 0.1% per redemption.

4. Management Fees: Management fees are charged by 23:45 (UTC) every day, The fee will be incorporated into the net asset value of the Leveraged Tokens.

As the market fluctuates, the management fee of leveraged tokens will be adjusted dynamically. 

(Notice: Due to the large fluctuations in the recent market, the management of leveraged tokens has become more difficult and the cost of risk control has increased.  The management fee of ADA3L, VET3L has been adjusted to 0.1%.)