# Common Questions

#### **General**

**Q: What is TroveFi?** A: Non-custodial strategy vaults on MegaETH. Managers prove alpha → launch vaults → earn up to 5%. Users deposit → earn at least 94% of profits.

**Q: Is it safe?** A: Yes. Audited by (TBA).&#x20;

**Q: Do I need KYC?** A: **No.** Just a wallet.

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#### **Challenge**

**Q: How do I become a manager?** A: Pass the **$100K → $200K Challenge** (simulated spot trading). Fail ≤$90K → 30-day cooldown.

**Q: Is the Challenge on testnet?** A: **No.** Real prices (Oracles), hourly on-chain logs, no gas.

**Q: Can I use leverage?** A: Not in v1. Spot only. Perps coming in v2.

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#### **Vaults & Fees**

**Q: What’s the fee structure?** A:

* **Public**: up to 6% profit (5% manager / 1% platform)
* **Private**: 0%
* **Buckets**: 0%
* **Flash**: 3% (platform)

**Q: When are fees charged?** A: Only on **new profits above HWM**. No fee on losses.

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