# Income, Fees & Yield

### Income, Fees & Yield

#### Overview

OMN (the Omnes Mining Note) provides investors with structured exposure to Bitcoin-denominated income generated by institutional-grade mining operations. Investors receive all mining proceeds above a predefined hashprice benchmark over the four-year term.

All expenses, custody costs, and operational fees are transparent and built into the structure of the note, ensuring predictable performance and no hidden charges.

***

#### Income

Each OMN represents **1 petahash per second (1 PH/s)** of contracted Bitcoin hashrate for **48 months**.\
Mining rewards are converted into Bitcoin and distributed according to each investor’s proportional ownership.

Income is calculated daily based on the realized Bitcoin hashprice and credited periodically in accordance with the distribution schedule specified in each OMN tranche.

***

#### Fee Structure

| **Fee Type**            | **Amount / Frequency**   |
| ----------------------- | ------------------------ |
| **Performance Fee**     | 0%                       |
| **Total Expense Ratio** | Capped at 3.75% annually |

> Expense Ratio includes the management fee, custody charges by the custodian, pool fees paid to the mining pool, and expenses related to the fund administrator and auditor.

***

#### Yield

OMN’s yield is derived directly from Bitcoin mining output, less the fixed expense ratio.\
The realized yield depends on:

* Bitcoin hashprice
* Duration held and tranche entry timing

Because investors receive all upside above the fixed hashprice benchmark, yield naturally increases when Bitcoin price or transaction fees rise, or when network difficulty stabilizes.

***

#### Distributions

* **Frequency:** Periodic (monthly or quarterly depending on tranche).
* **Form:** Bitcoin (BTC) distributed to the investor’s verified custody account.
* **Reporting:** Distribution statements and transaction confirmations are available in the **Documents** section of the Investor Portal.
