> ## Documentation Index
> Fetch the complete documentation index at: https://docs.hermetica.fi/llms.txt
> Use this file to discover all available pages before exploring further.

# Fees

* **Performance fee:** 10% of all yield
* **Management fee:** 0%
* **Deposit fee:** 0%
* **Withdraw fee**
  * **Standard:** 0%
  * **Express:** 0.5%

<Info>
  Any fee changes are **announced in advance** and only take effect after the governance **timelock** has elapsed.
</Info>