> For the complete documentation index, see [llms.txt](https://gmd-protocol.gitbook.io/gnd-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gmd-protocol.gitbook.io/gnd-protocol/geth/geth-revenue-model.md).

# gETH Revenue Model

<figure><img src="/files/w7IG6t77h2hl8W44v9TW" alt=""><figcaption></figcaption></figure>

### a. AMM swap fees <a href="#id-2d65" id="id-2d65"></a>

We will be taking a competitive fee for providing enabling users to also be able to swap between LSDs products or into ETH by utilizing gETH’s pool.

### b. Minting/Redeeming fees <a href="#dc75" id="dc75"></a>

The up-to-0.35% fees users pay during minting and redeeming will be accrued by GND Protocol

### c. Bridge Fees <a href="#id-36f1" id="id-36f1"></a>

A 0.2% Cross-Chain minting fees will also be accrued by GND Protocol

### d. Univ3 Swap Fees <a href="#id-47b1" id="id-47b1"></a>

By hosting gETH pairs on our farms, GND Protocol will earn a proportion of the fees generated by UniV3. The other proportion will go to sgETH stakers.

### e. LSD Appreciation <a href="#id-2823" id="id-2823"></a>

50% of the wstETH LSDs appreciation will go to GND Protocol, and the other half will go to sgETH stakers.

### f. Liquity Forks and Lending Protocol Partnerships <a href="#c96c" id="c96c"></a>

GND Protocol partners with Liquity forks like Lybra Finance, enabling LSD holders to borrow stablecoins against their gETH holdings without the risk of liquidation.

GND will also partner with liquidation-free lending protocols like Ghast Protocol to enable utmost capital efficiency.

This maximizes capital efficiency, allowing users to earn from UniV3 pairs while utilizing their LSD for stablecoin borrowing and other purposes.