# Fees

**Pool Swap Fees**

Spectra collects a swap fee from all swaps on the IBT/PT pools. The collected fee is distributed the following way:

* 60% to veSPECTRA voters
* 20% to LPs
* 20% to Curve DAO. 

The fees for veSPECTRA voters and Curve DAO will be swapped to ETH for easier distribution.

**Yield Fees**

Spectra takes a 3% fee on all yield accrued by YT, including points. Points are considered to be yield, and protocols integrated on Spectra should deduct the 3% fee when distributing points to user wallets. The deducted points are re-allocated to the following address:

Spectra DAO (Multichain): 0xe59d75C87ED608E4f5F22c9f9AFFb7b6fd02cc7C

This fee is being collected by the Spectra DAO treasury for later redistribution.