# What are fee tiers?

**A fee tier is the percentage of the**[ **liquidity provider fee**](https://zebra.gitbook.io/zebra-document/q-and-a/what-is-a-liquidity-provider-lp-fee) **that swaps pay when swapping.**

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When providing liquidity you will receive your share of the collected fees. These get shared equally with all the liquidity providers in the pool.

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**When providing liquidity on Zebra v2:**

* Zebra v2 protocol has the 1%, 0.3%, and 0.05% fee tiers.\ <br>
* In v2 the fees get collected and stored, but these fees do not get added back into the pool.\ <br>
* The liquidity provider has the ability to collect these fees. They have the choice of adding the fees back into the pool or keeping the fees.\ <br>
* When removing Zebra v2 liquidity positions, all the fees will be removed along with the liquidity amount chosen to remove.

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**When providing liquidity on Zebra v1:**

* The Zebra v1 protocol only has a 0.3% fee tier.\ <br>
* In v1 the fees are auto compounded into the liquidity pool. This means for every swap the fee will go back into the pool, increasing the value of your position.\ <br>
* When removing Zebra v1 liquidity positions, Fees are collected with the liquidity.