> ## Documentation Index
> Fetch the complete documentation index at: https://docs.n0ir.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Revenue Model

> Simple, sustainable, and user-aligned.

n0ir is designed to be sustainable while keeping rewards maximized for users.

***

## Fee Structure

### Yield Agent (Lending Vaults)

* **10% performance fee** on profit — users receive **90% of their yield** in USDC.

### LP Vaults (Aerodrome CL)

* **10% performance fee** on AERO gauge rewards only.
* Trading fees are compounded back into positions at **0% fee**.
* **90% of the AERO performance fee** is used to buy \$N0IR, creating direct token demand.

***

## What the Protocol Covers

<CardGroup cols={2}>
  <Card title="Gas Sponsorship" icon="gas-pump">
    All transactions are gasless for the user via ZeroDev paymaster.
  </Card>

  <Card title="Infrastructure" icon="server">
    Servers, APIs, and database layers.
  </Card>

  <Card title="Development" icon="code">
    Continuous improvement of AI strategies and UX.
  </Card>

  <Card title="Team Operations" icon="users">
    Sustaining the n0ir Labs team.
  </Card>
</CardGroup>

***

## Buyback Flywheel

LP vault fees create a direct link between protocol revenue and \$N0IR demand:

1. LP vaults earn **AERO** from Aerodrome gauge emissions
2. **10% performance fee** is collected on AERO rewards
3. **90% of that fee** is used to market-buy \$N0IR
4. Purchased \$N0IR is treasury-locked, reducing circulating supply

As more USDC flows into LP vaults, more AERO is earned, and more \$N0IR is bought.