Lido Revamps EarnETH Vault Fees: Lower Management, Higher Performance Cut

Lido, a leading liquid staking protocol, has revised its fee structure for the EarnETH vault. The updated model sees a lower management fee and a higher performance cut.

The new fees are as follows: a maximum of 0.5% of assets under management (AUM) and up to 20% on performance. Initially, the fees will be set at 0.2% of AUM and 15% on performance.

This change is designed to reward vault managers for generating returns while providing a more equitable cost structure that adapts to market conditions.