> For the complete documentation index, see [llms.txt](https://docs.kim.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kim.exchange/tokenomics/protocol-earnings.md).

# Protocol Earnings

## V4

<figure><img src="/files/Z1TSNob3uUVq2PbDQf0C" alt=""><figcaption></figcaption></figure>

* 85% for Liquidity Providers in LP tokens
* 7% in rewards redistributed to xKIM holders
* 3.5% dedicated to KIM buyback and burn
* 1.5% to the Operating expenses
* 3% to Algebra for licensing V4 AMM

## V2

<figure><img src="/files/3FPERTtQb2hgVM8Oa2m5" alt=""><figcaption></figcaption></figure>

* 60% for Liquidity Providers in LP tokens
* 22.5% in rewards redistributed to xKIM holders
* 12.5% dedicated to KIM buyback and burn
* 5% to the Operating expenses