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

# Protocol Business Model

<figure><img src="/files/5QB8SZ4Wfwu22YDBDsnC" alt=""><figcaption></figcaption></figure>

The GBM Auction Protocol generates value through two primary channels:

### 🏷️ 1. Auction Fee

Every auction run through the GBM Protocol incurs a **2% fee on the final winning bid**.

This fee is collected in the base currency of the auction (e.g. $ETH, $POL, $USDC, $GBM etc), provided it’s a protocol-supported token.

This fee is the **core value engine** of the GBM Protocol, capturing value as auction volume scales across the ecosystem.

How it’s used:

* **100% goes to the Protocol Rewards Pool**

### 🧾 2. Publishing Fee

Initially, this fee will not be charged - because we want to encourage Auction House deployments in the early stages of the Protocol launch.&#x20;

In the future, every new user - individual or enterprise - who wants to deploy and publish a live GBM Auction House must pay a **one-time publishing fee**. This can be paid in either $**USDC, $USDT** or $**GBM tokens**.

The publishing fee serves three key purposes:

* **Filters out non-serious clients**, ensuring quality and commitment
* **Funds the protocol treasury**, supporting long-term ecosystem growth
* **Rewards the GBM community**, strengthening long-term incentive alignment

How it’s used:

* **50% goes to the Protocol Treasury**
* **50% goes to the Protocol Rewards Pool**