# Fees ### *Strategy fees* Strategy fees apply to strategy vaults only. Users can passively earn additional income by investing in strategy vaults that use external services (such as Yearn Finance or Beefy). The system charges a 50% commission on strategy income. ***Example***: A user deposited 100 USD in a strategy vault. After some time the value of the initial deposit increased to 200 USD. After withdrawing the full amount from the vault, the user will be able to collect 150 USD, while the system fee will be 50 USD. ### *Repayment fees* When users activate their collateral, they pay the repayment fee of 1% in a collateral token. \ \&#xNAN;***Example***: A user has a collateral in BTC worth $900 and they mint 300 USDV, which matches the collateral ratio of 300%. If they decide to repay 100 USDV, they will pay a commission fee of $1 in BTC (100 USDV \* 1% fee). ### *Swap fees* Our swap protocol allows users to exchange USDV, DAI or USDC and charges 0,5% of the exchanged token. ### *Liquidation fees* Liquidation fee is charged from the collateral of the liquidated vault. When the liquidator liquidates a vault, he should first send, for example, 300 USDV to liquidate the vault (so he can pay off the debt). Consequently, the liquidator receives 10% of the debt as a reward, i.e. $330 in collateral tokens. In addition, the system charges 0.5% of the liquidation fee in collateral tokens. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.usdv.com/usdv/usdv-explained/fees.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.