> For the complete documentation index, see [llms.txt](https://docs.metastreet.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.metastreet.xyz/technical-overview/protocol-design/admin-fees.md).

# Admin Fees

Admin fees are collected from loan repayments, as a fixed percentage of the total interest of the loan. Only successfully repaid loans contribute admin fees. In the case of a defaulted loan, the admin fee is used to offset liquidation losses.

Only the [`PoolFactory`](https://github.com/metastreet-labs/metastreet-contracts-v2/blob/master/contracts/PoolFactory.sol) contract can set the admin fee rate on a Pool and withdraw accumulated admin fees from a Pool.

Admin fees are set to zero for the time being. They can be enabled and managed through a governance process in the future to accrue fees to the protocol.