> For the complete documentation index, see [llms.txt](https://isoap.gitbook.io/soap-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://isoap.gitbook.io/soap-whitepaper/overview/soap-token/soaps-buy-and-sell-fees.md). # Soap's Buy and Sell Fees Soap Token's buy and sell fees play a crucial role in its hyper-deflationary nature. The Soap Smart Contract has been designed to safeguard token holders from arbitrary changes to tax charges and percentages. The smart contract ensures that tax system cannot be turned off, nor can the tax percentages be reduced. However, the tax percentages can be redirected to go straight into the burning mechanism rather than Auto-LP. This change accelerates the burning rate of Soap Tokens, leading to a quicker decrease in the total supply of tokens. All fees generated by Soap Token (14% for buys and 16% for sells) are used solely for burning and insurance, which boosts the value of the remaining tokens over time. As a result, holding Soap Tokens not only provides you with a valuable asset but also empowers you to contribute to the reduction of the token supply and the token's growth in value. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## 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://isoap.gitbook.io/soap-whitepaper/overview/soap-token/soaps-buy-and-sell-fees.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.