diff --git a/docs/basics/protocol_fees.rst b/docs/basics/protocol_fees.rst index 4c5da35788..d63bf1166a 100644 --- a/docs/basics/protocol_fees.rst +++ b/docs/basics/protocol_fees.rst @@ -3,10 +3,14 @@ Protocol Fees ############################### An ETH protocol fee is paid by the Taker each time a `Limit Order <./orders.html#limit-orders>`_ is `filled <./functions.html>`_. -The fee is proportional to the gas cost of filling an order and scales linearly with gas price. The cost is currently ``70k * tx.gasprice``. +The fee is proportional to the gas cost of filling an order and scales linearly with gas price. The cost is currently ``0 * tx.gasprice``. At the end of every Staking Epoch, these fees are aggregated and distributed to the makers as a liquidity reward: the reward is proportional to the maker's collected fees and staked ZRX relative to other makers. To learn more about protocol fees and liquidity incentives, see the `Official Spec `_. +.. note:: + + As of September 29, 2021, protocol fees have been removed for all order types in both Exchange V4 and V3 in accordance with `ZEIP-91 `_. + .. note:: `RFQ Orders <./orders.html#rfq-orders>`_ are introduced in Exchange V4, and there is currently no protocol fee for filling this type of order.