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@@ -19,7 +19,7 @@ This fee distribution model follows a proven model already in place on Synthetix
## Specification
Integrators will request a unique tracking code for each integration they wish to track and provide an address to which they will receive fees. A 20% fee relative to protocol fees earned, excluding gas, execution fees, or funding fees, will be directed to the corresponding address for all trades executed using an integrator tracking code.
The Treasury Council will periodically bridge earned protocol fees to the Base network, swap for USDC, and send them to the SNX Buyback contract as per[SIP-345](https://sips.synthetix.io/sips/sip-345/).
The Treasury Council will periodically transfer earned protocol fees from Arbitrum to the Base SNX Buyback contract.[SIP-345](https://sips.synthetix.io/sips/sip-345/).
## Rationale
Having a consistent and transparent fee structure across chains is key to attracting and retaining liquidity providers, integrators and Synthetix tokenholders alike.
