# Fee Schedule

| Fee Parameter          | Value | Notes                |
| ---------------------- | ----- | -------------------- |
| `minDepositFeePercent` | 0%    | Dynamic Fee applies. |
| `minExitFeePercent`    | 1%    | Dynamic Fee applies. |
| `LevFactor`            | 5     |                      |
| `Protocol Fee`         | 2%    |                      |

{% hint style="info" %}
The Deposit and Exit modal will always show you the vault fee that is applicable. If the current Dynamic Deposit or Exit fee is higher than the `minimumFee` outlined in the [Vault Fee Schedule](https://docs.origami.finance/the-second-fold-v2/vault-fee-schedule), the higher of the two Fees will be applied. See [How Fees Are calculated](https://docs.origami.finance/the-second-fold-v2/what-fees-we-collect/deposit-and-exit-fee) to learn more.
{% endhint %}

{% hint style="info" %}
*100% of Deposit and Exit Fees accrue as surplus vault reserves to current vault shareholders and not to Origami Protocol Treasury.*
{% endhint %}