> For the complete documentation index, see [llms.txt](https://darkforest.gitbook.io/dark-forest-leaf-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://darkforest.gitbook.io/dark-forest-leaf-protocol/info/trading-fees-explained.md).

# Trading Fees Explained

<mark style="color:blue;">**Buy Trading Fees:**</mark>

3.0% - LP\
3.0% - LIF\
1.0% - NART token buyback\
4.0% - Treasury\
2.5% - Burn\
1.5% - Dev Fund

**In total 15.0%**

<mark style="color:blue;">**Sell Trading Fees:**</mark>&#x20;

4.0% - LP\
3.5% - LIF\
4.0% - Treasury\
1.0% - NART token buyback\
2.5% - Dev Fund\
3.0% - Burn\
2.0% - NFT Fund

**In total 20.0%**

<mark style="color:blue;">**Placement:**</mark>&#x20;

* **LP -** Trading fees support the liquidity of the LEAF/USDC.e pair on TraderJoe, ensuring that the collateral value of $LEAF continues to rise.
* **LIF -** Trading fees are stored in the LIF, which helps to sustain and back the positive reflection rewards.
* **Treasury -** Trading fees go directly to the Treasury, which supports the LIF and provides LEAF with a marketing budget as well as funds for new product development.
* **BURN (Burn) -** 5.5% of all $LEAF traded are sent to the BURN. Because $LEAF tokens will never be able to leave the BURN, they must be considered burned. The more that is traded, the more $LEAF get put into the BURN causing it to grow in size, through self fulfilling Auto-Compounding, reducing the circulating supply and keeping the Leaf protocol stable.
* **NFT Fund** -  Receives 4.0% of all $LEAF sold, which is then shared equally among Dark Forest DEER NFT holders.


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