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

# Transaction Fees

FILLiquid employs two transaction fees on the protocol:

1. Storage Providers pay a 1% transaction fee when borrowing FIL from the FILLiquid liquidity pool
2. Staking users pay a 0.1% transaction fee when FIT is used to redeem/withdraw FIL from the ecosystem.

All transaction fees are denominated in FIL.
