> For the complete documentation index, see [llms.txt](https://palladium-finance.gitbook.io/untitled/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://palladium-finance.gitbook.io/untitled/usdpald-tokenomics/usdpald-tokens.md).

# ●  $PALD Tokens

$PALD is an BEP20 token with an elastic supply which rewards its holders with a positive rebase formula. 

Palladium has implemented trading fees in order to sustain and realize an industry leading APY.

Here is a list of the fees and how they are distributed:

**Buy Trading Fees are 15%:**

* **5%** - RFV (Risk Free Value)
* **5%** - Sustain Liquidity 
* **5%** - Treasury  

**Sell Trading Fees are 20%**

* **5%** - RFV (Risk Free Value)
* **5%** - Sustain Liquidity
* **10%** - Treasury

**More information :**

* **5%** (RFV) - It helps sustain and back the Staking Rewards provided by the Positive Rebase. 
* **5%** (Sustain Liquidity) - Backing the liquidity of the BUSD/PALD pair on Pancakeswap ensuring an ever-increasing collateral value of $PALD. 
* **5-10%** (Treasury) - Supports the RFV value, provides a marketing and hiring budget for Palladium, and funds new project and product development.