> For the complete documentation index, see [llms.txt](https://virtus-finance.gitbook.io/welcome-to-virtus-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://virtus-finance.gitbook.io/welcome-to-virtus-finance/usdvap-token/usdvap-buy-and-sell-fees/trading-fees-breakdown.md).

# Trading Fees breakdown

Fees explanation

<mark style="color:green;">**Buy Fees**</mark>: LP - 3% VPF - 5% Virtus Treasury - 3% Virtus Burner - 2.5%

<mark style="color:green;">**Sell Fees**</mark>: LP - 3% VPF - 5% Virtus Treasury - 5% Virtus Burner - 2.5%

![Tokenomics](https://2530448810-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fpopg4cbamFlVHRDCEsI8%2Fuploads%2FJz5UAFcawvDt0NeK90U9%2F03-100%20\(3\).jpg?alt=media\&token=f2a071e7-dc94-404c-bf72-3e1ce4e9885f)

<mark style="color:purple;">**Allocation**</mark>:

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

**VPF** - Trading fees are stored in the Virtus Protection Fund which helps sustain and back the staking rewards provided by the positive rebase.

**Virtus** **Treasury** - Trading fees go directly to the treasury which supports the VPF and provides a marketing budget for Virtus Finance and funds new product development.

**Virtus Burner** - 2.5% of all $VAP traded are burnt in the Virtus auto-token burner. The more that is traded, the more get put into the burner causing the Virtus auto-token burner to grow in size, larger and larger through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $VAP and keeping the Virtus protocol stable.