> For the complete documentation index, see [llms.txt](https://espresso-ex.gitbook.io/espresso-ex/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://espresso-ex.gitbook.io/espresso-ex/fees/fees-allocation.md).

# Fees Allocation

<mark style="color:green;">veCOF</mark> holders and <mark style="color:green;">EXLP</mark> stakers can earn protocol income and COF rewards.

### Protocol Income Allocation:

The protocol income collected from trading fees will be allocated as follows:

Total Protocol Income × 80%: × 50% Allocate for veCOF holders&#x20;

Total Protocol Income × 80%: × 50%Allocate for COFLP stakers&#x20;

Total Protocol Income × 20%: Purchase COFLP and add as protocol-owned liquidity

&#x20;

### COF Rewards Allocation

1,000 COF will be distributed to veCOF holders and EXLP stakers daily, allocated as follows:

1000 × (1-veRate): Allocate for EXLP stakers

veRate is the COF staking ratio

veRate = veCOF Total Supply / COF Circulating Supply

The rest will be allocated for veCOF holders