> For the complete documentation index, see [llms.txt](https://social-trade.gitbook.io/social-trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://social-trade.gitbook.io/social-trade/st-token/buyback-and-burn-mechanisms.md).

# Buyback & Burn Mechanisms

With no less than 5 buyback and burn mechanisms, Social Trade ensures the token becomes deflationary over time by steadily reducing its supply:

### <mark style="color:blue;">**Liquid staking withdrawal**</mark>&#x20;

A 0.5% ST exit fee is applied when withdrawing from this module, which will be burned.

### <mark style="color:blue;">**Locked staking early withdrawal**</mark>&#x20;

Users who decide to withdraw before the 180days vesting period will forfeit a portion of their ST, which will be burned.

### <mark style="color:blue;">**Management fees**</mark>&#x20;

Social Trade takes a 50% cut on the optional management fees in fund's. These fees will be used to buyback and burn ST

### <mark style="color:blue;">Upfront tax On Spot</mark>

Each trade triggers a 0.5% tax on its collateral, and the funds are specifically allocated for ST token buybacks and burning.

### <mark style="color:blue;">Featured Funds</mark>&#x20;

When you want to promote your fund by displaying it on the homepage, you must pay with ST tokens, which will be burned.