Lido revises EarnETH vault fee structure

Lido said it will revise the fee structure for its EarnETH vault from a 1% assets-under-management fee and a 10% performance fee to a model that charges up to 0.5% of AUM and a 20% performance fee. Under the revised structure, the initial fees will be set at 0.2% of AUM and a 15% performance fee. The change means the fixed management fee paid during periods of weaker returns will decline, while the share of fees tied to actual performance will increase. The fees currently in effect are displayed on the EarnETH vault page.