Lido Overhauls EarnUSD Fee Structure
Lido has made significant changes to its EarnUSD fee structure, aiming to make it more user-friendly and competitive in the decentralized finance (DeFi) market.
The protocol has lowered the fixed asset-under-management fee from 1% to 0.2%, while increasing the performance fee from 10% to 15%. This shift is designed to align fees more closely with actual returns, making EarnUSD a more attractive option for users during periods of high performance.
The updated structure will also provide users with greater transparency, as fees will be displayed directly on the EarnUSD vault user interface. This move is part of Lido's strategy to improve user experience and increase adoption in a crowded DeFi market.