# Fees Interactions with IBCs incur a fee which are then distributed to three entities, LPs, ibAsset stakers, and the protocol creator. The fee rates may differ based on the interaction type. ## Minting A flat fee rate is taken from the minted ibAsset amount. Fee denomination: ibAsset | Distributed To | Fee Rate | | --------------- | -------- | | LPs | 0.25% | | ibAsset Stakers | 0.25% | | Protocol | 0.5% | ## Burning A flat fee rate is taken from the returned reserve asset amount. Fee denomination: ibAsset | Distributed To | Fee Rate | | --------------- | -------- | | LPs | 0.25% | | ibAsset Stakers | 0.25% | | Protocol | 0.5% | ## Adding Liquidity A flat fee rate is taken from the added reserve asset amount. Fee denomination: reserve asset | Distributed To | Fee Rate | | --------------- | -------- | | LPs | 0.25% | | ibAsset Stakers | 0.25% | | Protocol | 0.5% | ## Removing Liquidity A flat fee rate is taken from the removed reserve asset amount. Additionally if the LP is given ibAssets from their credit, a flat fee rate is also applied to this amount. Fee denomination: reserve asset / ibAsset | Distributed To | Fee Rate | | --------------- | -------- | | LPs | 0.25% | | ibAsset Stakers | 0.25% | | Protocol | 0.5% | --- # 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.inversebondingcurve.com/concepts-and-protocol/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.