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better explain yield fees.
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BIP Bot committed Nov 3, 2023
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Expand Up @@ -23,7 +23,7 @@ Another potential source of Protocol Fees is from interest on Flash Loans. They

## Uses

As of [BIP-371](https://forum.balancer.fi/t/bip-371-adjust-protocol-fee-split/4978) in August 2023, the protocol takes 50% of the swap fees and yield fees. From that:
As of [BIP-371](https://forum.balancer.fi/t/bip-371-adjust-protocol-fee-split/4978) in August 2023, the protocol takes 50% of the swap fees and 50% of wrapped token yield fees on non-exempt pools with rate providers. From that:

- 100% of all $BAL fees collected are emitted as fee sharing to veBAL holders. See this [Governance Proposal](https://forum.balancer.fi/t/proposal-distribute-protocol-fees-in-bal-where-appropriate/2933)
- All other tokens are sold for USDC, of which:
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