# Where are \[FIP - 122\] the frxETH protocol fees stored?

**URL:** <https://gov.frax.finance/t/where-are-fip-122-the-frxeth-protocol-fees-stored/2459>\
**Category:** General Discussion\
**Created:** [July 12, 2023, 9:48pm UTC](https://gov.frax.finance/t/where-are-fip-122-the-frxeth-protocol-fees-stored/2459 "2023-07-12T21:48:21Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![parkerburchett](https://avatars.discourse-cdn.com/v4/letter/p/e19adc/32.png) [@parkerburchett](https://gov.frax.finance/u/parkerburchett)\
**Post date:** [July 12, 2023, 9:48pm UTC](https://gov.frax.finance/t/where-are-fip-122-the-frxeth-protocol-fees-stored/2459/1 "2023-07-12T21:48:22Z")

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# Where was [FIP - 122] frxETH Protocol Fee Structure implemented?

[FIP - 122] passed on Oct-31-2022.

It said:

> Structure:  
> 1.) Minimum of 90% of ETH earned rewarded to sfrxETH vault stakers in the form of frxETH  
> 2.) 8% of earned ETH to Frax Protocol treasury in the form of frxETH. This ultimately will be distributed back to FXS holders.  
> 3.) Slashing Insurance Fund: 2% goes into a fund to cover potential slashing events/unforeseen penalties to cover frxETH deposits to effectively keep frxETH overcollateralized at over 100% CR to cover any possible issues/losses.

I am wondering where I can see on-chain where the 8% of ETH earned by the treasury is stored and where the 2% of the slashing fund is stored.

There is no reference or technical documentation about the new slashing fund. I checked

- In the docs [Technical Specifications | Frax Finance ¤](https://docs.frax.finance/frax-ether/technical-specifications)
- The frxETH balance sheet [Frax Facts](https://facts.frax.finance/frxeth/balance-sheet)
- If it exists, I can’t find it on-chain in any of the frxETH contracts.

This is what the frxETH balance sheet looks like now. There is no reference to a new frxETH slashing insurance fund.

 ![image](https://canada1.discourse-cdn.com/flex031/uploads/frax1/original/2X/8/8c520110c7f8a1733011bfce25792523ac40435c.png)

Could someone point me toward where the slashing fund actually is on-chain?
