> For the complete documentation index, see [llms.txt](https://openfi.gitbook.io/openfi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://openfi.gitbook.io/openfi/protocol-overview/quick-guide-to-openfi/swap-fees-and-distribution-mechanism.md).

# Swap, Fees, and Distribution Mechanism

Dynamic pricing on OpenFi is supported by Chainlink Oracles and an aggregate of prices from leading volume exchanges.

Fees for trading volatile assets on OpenFi are 0.4%, while stable assets have a fee of 0.01%.

The fees generated from trading are distributed to voters over a 7-day period at the beginning of the next epoch. These fees are distributed proportionally to <mark style="color:red;">$veNEC</mark> users who voted for their chosen gauge. If a protocol bribes a pool, the <mark style="color:red;">$veNEC</mark> holders who voted for that pool will share the entire bribe proportionally.

Of the fees generated, 30% are returned to <mark style="color:red;">$veNEC</mark> holders every week, while the remaining 70% goes to the treasury. The fees accumulated by the treasury will be used to buy back <mark style="color:red;">$OPEN</mark> tokens and build deep liquidity on the OPEN-USDT pool over time.