Ownership
Fees & rent waterfall
From gross metered rent to your settlement.
Waterfall (per asset per UTC day)
- Gross rent = Σ billed GPU-seconds × hourly rate ÷ 3600.
- − Energy = metered Wh × site energy price.
- − Colocation & network (fixed per sled per day).
- − Operator fee: 8% of gross.
- − Maintenance reserve: 6% of gross.
- Insurance is treated as part of the fixed colocation line in the demo; it persists at low utilization, like colocation.
- = Net rent. If negative, the shortfall is absorbed by the reserve; owners receive max(0, net).
Other fees
- Subscription: $0 in the demo.
- Redemption: 0.5% (50 bps) of gross NAV proceeds.
- LP trading fees (if you use the optional DLMM workflow) are a separate cash flow paid by traders to the pool, not GPU rent.
All rates are demo assumptions.