# Security, Fees and Governance ### Is Auctus Safe? Has Auctus been audited? The security of Auctus protocol is our highest priority. To ensure top-notch security, Auctus protocol smart contracts were audited by [**Open Zeppelin**](https://blog.openzeppelin.com/aco-protocol-audit/) and have undergone rigorous internal testing. We also have an ongoing **bug bounty program** where community members can report any bugs or vulnerabilities. ### Who controls the Auctus protocol? The Auctus protocol allows a single address to modify parameters, create new options series, add new strike assets and change the template for tokens that will be created in the future. For the existing tokens, there is no admin key, meaning the protocol is noncustodial and only you have access to your funds.\ \ The admin key is currently administered by the Auctus team, but our goal is transitioning the control from our core team to the AUC token holders. ### **Are there fees on Auctus?** **Trading fees: 2.5% of premium** **Settlement: 0.03% of the underlying (Settlement at exercise)** \ **Other fees:**\ ACO utilizes the 0x Protocol for decentralized exchange functionality, currently 0x charges *150,000 \* gasPrice* per order. ### How do I get involved? Join our community on [Discord](https://discord.gg/9JqeMxs) to learn more about ACO, participate in discussions with the team, and contribute to the future of decentralized options. ## I have more questions ... Feel free to reach out to us on [Discord](https://discord.gg/9JqeMxs) or email at --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.auctus.org/faq/security-fees-and-governance.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.