Agent fees are fees that Gemini charges for providing you with the ability to earn interest on your crypto through Gemini Earn. Interest rates available through Gemini Earn are displayed net of an agent fee charged by Gemini. This means we have already deducted the fee charged by Gemini ("agent fee") from the Annual Percentage Yield (APY) displayed in your Earn account.
The interest rate you will receive is always the published APY. For example, if you have 1 BTC in Gemini Earn and the APY is 3%, you will have 1.03 BTC at the end of one year as long as you do not redeem any funds and the rate stays constant throughout the year. (Interest rates are variable and subject to change at any time. Gemini does not guarantee any particular rate or return. This example is for illustrative purposes only.)