> For the complete documentation index, see [llms.txt](https://docs.enzyme.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.enzyme.finance/onyx-user-documentation/enzyme-vault/fees/distribution.md).

# Distribution

Settled fees are not immediately distributed, but are tracked as debts, which are asynchronously distributed at a later time.

Fees are distributed in the **fee asset.** When necessary, owed fees are converted from the value asset to an amount of the fee asset at the time of distribution.

**Distribution can be triggered at any time by the Vault Owner or Vault Admins.**

{% hint style="info" %}
Learn more about Fee Settlement [HERE](https://enzyme-finance.gitbook.io/onyx/onyx-protocol/general-flows/fee-settlement).
{% endhint %}


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