> For the complete documentation index, see [llms.txt](https://docs.yei.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.yei.finance/products/yeilend/mechanism/fees-structure.md).

# Fees Structure

Fees are essential to maintain and secure the protocol:

* ~~Borrowing Fee: 0.2%, applied to each loan.~~ *(Temporarily waived. May be introduced in future updates.)*
* Interest Rate Spread: 20% of the borrow rate, serving as revenue for the protocol.
* Liquidation Fee: 20% of the liquidation penalty, rewarding liquidators for maintaining protocol security.
* Flash Loan Fee: 0.1%, fostering the protocol’s growth and ensuring operational stability.

*For the latest fees, please refer to our Asset Info page.*
