> For the complete documentation index, see [llms.txt](https://docs.smardex.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.smardex.io/overview/what-is-smardex/fees.md).

# Fees

As of Q3 2023, there are no longer any default fees. Each pool has variable fees, managed by governance through an algorithm that will be made public at the DAO, to optimize performance for LPs.

{% hint style="info" %}
On the Ethereum blockchain, the burning fees are not burned but sent to the staking pool.
{% endhint %}

Here is the list of current fees:

{% @smardex-gitbook-integration/smardex-gitbook-integration-fees %}