# Protocol Fees

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The protocol will have different fees, as described below.
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* Trading fees: AMM LPs earn a percentage of the trading fees
* [Redemption](redemptions) fees: If a user redeems Basefee for wstETH at a discount, the protocol charges a redemption fee, which is distributed between $HOG DAO & the [Stability Pool](stability-pool)
* [Liquidation](liquidations) fees: liquidators earn a percentage of the liquidation fees
* The [Mint](minting) fee goes into the HOG DAO treasury
