> For the complete documentation index, see [llms.txt](https://gundam-token.gitbook.io/gundam-manefesto/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gundam-token.gitbook.io/gundam-manefesto/usdchar-tokenomics/buy-sell-tax.md).

# Buy/Sell Tax

## Buy Tax:   **11**%

**6%** =>  Automatically Add to LP and Forward to LP Wallet - Locked Weekly - Burns Quarterly\
3**%** =>  Marketing Wallet\
2**%** =>  Reflections to Holders in $CHAR

## Sell Tax:   **11**%

**6%** =>  Automatically Add to LP and Forward to LP Wallet - Locked Weekly - Burns Quarterly\
3**%** =>  Marketing Wallet\
2**%** =>  Reflections to Holders in $CHAR

## Taxes FAQs:

### => How does the 11% buy/sell tax work?

***Let's use an example to clarify:***\
\
\=> An investor buys 100 $CHAR tokens\
\=> Investor receives 89 $CHAR tokens due to the 11% tax\
\=> 11 total tokens are sent to the contract\
   \* 6 tokens are automatically sent to LP Wallet\
   \* 3 tokens are sent to the marketing wallet.\
   \* 2 tokens are distributed to the token holders, based on the percentage of the total tokens that the holder owns. 

### => Is there a transfer tax for moving my $CHAR wallet to wallet?

Yes.  Due to the nature of blockchain technology and how smart contracts work, every transfer of $CHAR tokens from one wallet to another will incur the 11% tax.  Please note this before moving things around!