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

# Protocol Earnings

<figure><img src="/files/DqNPqVFU1qRhc98nEGuM" alt=""><figcaption></figcaption></figure>

* 80% to Liquidity Providers
* 8% to Treasury
* 5.5% for Operating Expenses
* 5% for Marketing Expenses
* 1.5% to Algebra for licensing V3 AMM