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

# Utility of $POUND Trading Fees

Market Fees

The fees are 13% when buying $POUND and 18% when selling $POUND. The fees are used for the following:

* 5% of the trading fees are redirected to the Insurance Funds which helps sustain and back the staking rewards provided by the positive rebase.
* 3% of the purchases and 8% of the sales are used to improve the token or go directly to the Treasury which supports the Insurance Funds. 
* 5% of the trading fees return to the liquidity ensuring $POUND’s increasing collateral value.