Protocol Fee and Risk Reserve

Protocol Fee

Saturn charges a 10% protocol fee on the yield generated by sUSDat. To support early adoption, 100% of this fee will be returned to sUSDat holders during an initial bootstrap period. The duration of this period, as well as the future use of protocol fees, will be determined at the discretion of the Saturn team.

Proceeds may be allocated toward:

• Development and Compliance: Continuous protocol improvement and regulatory upkeep.

• Risk Reserve: An internal reserve to defend the peg and absorb market shocks, protecting USDat and sUSDat holders.

Any changes to the fee structure will be communicated in advance.

Risk Reserve

Saturn is building a risk reserve to provide a buffer against adverse market conditions. At launch, the risk reserve is funded by $M yield generated from USDat reserves. As the protocol matures and a protocol fee is introduced, a portion of sUSDat yield will also flow into the reserve.