The CACHE Gold token has four types of fees:
- Storage fee – CACHE Gold charges 0.25% (25 basis points) per annum to cover the cost of insured, audited storage in accredited partner vaults.
- Transfer fee – CACHE Gold charges a 0.10% (10 basis point) transfer fee when CACHE Gold tokens are transferred from one address to another.
- Inactivity fee – For any address that does not transact for three years or more, the storage fee is replaced by a 0.50% (50 basis point) per annum inactivity fee based upon the snapshot balance as of the date of inactivity.
- Redemption fee – CACHE charges a 0.15% (15 basis points) fee to redeem CGT tokens for physical gold. For pickup orders, there is a 1 CGT minimum redemption fee.
Inactive addresses become active addresses upon transferring any number of tokens to any address or by paying outstanding storage fees. For more detailed technical information about CACHE Gold fees and how they work, please see the CACHE Gold smart contract documentation.
Depending on the redemption option chosen, there may be additional fees charged by the delivering vault such as a pickup fee and or insured shipping charges if you choose to have your gold shipped from the vault.