The only fee accrued by the Picnic protocol is a 0.1% deposit fee. All rebalancing that happens with already deposited funds is free from fees.
Summary of fees
Besides the Picnic deposit fee, there are protocol fees and transaction fees that are explained in more detail further down the page.
Each protocol has its own fees, DEXes which are used for token swaps usually have fees in the range of 0.05% - 1%.
Protocol fees can be quite complex and we will dedicate more time in the future to break down how each of those fees work and give more transparency about that on our site.
Each transaction in Polygon has a transaction fee that will be paid to a miner for including your transaction on its blockchain.
This transaction fee depends on the complexity of operation (measured in gas) and the gas price set up by the user: the greater the gas price, the higher the probability of the transaction being included faster on the blockchain.
Note that every transaction requires at least 21,000 gas, regardless of the complexity of the operation. Consequently, producing these transactions manually on Metamask, besides time-consuming, costs 12,000 gas for each transaction. On the other hand, by using our contracts, you can batch several operations in a single transaction avoiding this costly overhead.