# PIPPIN3L

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GateUser-a017ca3d

#PIPPIN3L This 3L spot, I bought it and just leave it there. Do I earn daily income? Or how often do I receive it? I don't understand, could the expert explain?

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XiaoJia

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Dear user, hello. ETF leveraged products are backed by contract positions, which require a fee to cover contract market transaction fees and funding rates. Therefore, a daily management fee of 0.1% is charged. This management fee is deducted from the managed funds and reflected in the net asset value, not in your held quantity. You can copy the link: https://www.gate.com/zh/help/etf/etf-guide to learn more about ETF leveraged token products before trading~

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#PIPPIN3L What do you think, will he outperform AIDOGE in price?

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