🖇️Trading Fees Explained

Taxes

Buy Trading Fees:

4.0% - LP 5.0% - SIF 2.5% - Treasury 2.5% - Fire Pit

Sell Trading Fees:

4.0% - LP 5.0% - SIF 4.5% - Treasury 2.5% - Fire Pit

Placement:

  • LP - Trading fees goes to backing the liquidity of the BNB/BackstabDoge pair on PancakeSwap ensuring an ever-increasing collateral value of $BackstabDoge.

  • BIF - Trading fees are stored in the BackstabDoge Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

  • Treasury - Trading fees go directly to the treasury which supports the BIF and provides a marketing budget for Safuu and funds new product development.

  • Fire Pit - 2.5% of all $BackstabDoge traded are burnt in the Fire Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $BackstabDoge and keeping the BackstabDoge protocol stable.

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