Lido cuts EarnUSD management fee to 0.2%, raises performance fee to 15%
- —Management fee for EarnUSD cut from 1% to 0.2%
- —Performance fee raised from 10% to 15%
- —Fee caps set at 0.5% management and 20% performance
- —EarnUSD allocates USDC and USDT across DeFi strategies
Why it matters: The lower entry fee makes Lido's dollar DeFi product cheaper for retail users, while the higher performance fee increases the protocol's share of profits.
Source: TokenPost