# Fee structure Each Watt liquid-staked token carries a **specific fee configuration** at the token level. This fee structure maintains the volatility farming flywheel. Initial token wrappers and liquidity providers determine the optimal fee structure. The table below outlines the fees associated with each applicable action. | Fee | Allowed range | Note | | --------------- | ------------- | ----------------------------------------------------------------------------- | | Wrap fee | 0 - 10% | The sum of wrap and unwrap fee must be greater than 0.8% | | Unwrap fee | 0.4 - 10% | The sum of wrap and unwrap fee must be greater than 0.8% | | Burn rate | 10 - 50% | See explanation in [Burn rate](/the-protocol/fee-structure/burn-rate.md) | | Buy or sell fee | 0.55 - 4% | Recognized as a transfer fee, applies on any swap or transfer between wallets | It is generally advisable to set higher fees for more volatile assets, such as meme or AI tokens, while adopting a more conservative approach for less volatile assets like utility or governance tokens. A small protocol fee is collected following each fee deduction to support the sustainable growth and expansion of the protocol. Once established, the fee structure cannot be altered from the app interface. --- # 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.watt.si/the-protocol/fee-structure.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.