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

# Fees

Protocol Fees

## Borrowing

No Fee on Borrow.

## Repayment

3% Fee is Sent to Support Protocol and Grow Infrastructure 

> Occurs and applied after 7% plus interest. (7% + interest) - 3% commission) goes to Loanee or the person who Delegated Funds for the loan to occur.

## Auctions

3% fee on the highest bid. 3% fee on the collateral being received.