# \*\*\[Proposal\]\*\* Adaptive mgmt fees based on AUM

**URL:** <https://gov.yearn.fi/t/proposal-adaptive-mgmt-fees-based-on-aum/9280>\
**Category:** Protocol and Governance\
**Created:** [19 January 2021 23:10 UTC](https://gov.yearn.fi/t/proposal-adaptive-mgmt-fees-based-on-aum/9280 "2021-01-19T23:10:23Z")\
**Posts on this page:** 1\
**Showing post:** 5

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**Author:** ![fubuloubu](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/fubuloubu/32/1418_2.png) [@fubuloubu](https://gov.yearn.fi/u/fubuloubu)\
**Post date:** [20 January 2021 17:03 UTC](https://gov.yearn.fi/t/proposal-adaptive-mgmt-fees-based-on-aum/9280/5 "2021-01-20T17:03:23Z")

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The 2% fee was approved here

> [@YIP-51: Set Vault v2 fee structure](http://gov.yearn.fi/t/yip-51-set-vault-v2-fee-structure/7752):
>
> Authors@banteg, @lehnberg, @milkyklim, @tracheopteryxSummary Focused proposal to set the fee structure for Vaults v2 to: No withdrawal fee Management fee (2%) Performance fee (20%) The proposal leaves: Total fees collected at roughly the same level as for Vaults v1 Strategist reward allocation unchanged YFI staking and rewards unchanged Treasury management unchanged Background The high level design of the next iteration of Yearn Vaults, v2, has been voted on and approved by YFI holder…

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Edit: for lurker reference

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_[View the full topic](https://gov.yearn.fi/t/proposal-adaptive-mgmt-fees-based-on-aum/9280)._