> For the complete documentation index, see [llms.txt](https://rocketfarming.gitbook.io/polyrocket/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://rocketfarming.gitbook.io/polyrocket/tokenomics/double-burning-mechanism.md).

# Double Burning Mechanism

**Buyback Burning Mechanism**

* 4% deposit fee will be charged at staking.
* 80% of the deposit fee (4%) will be allocated to buyback Rocket and burnt.
* 20% of the deposit fee (4%) will be allocated as a dev & emergency fund.
* Buyback burning will happen every 2mil TVL.

**Transfer Tax Burning Mechanism**

* Every transaction (send, swap, farming, etc.) of Rocket will be charged a 5% transfer tax.
* 5% transfer tax will be burned directly in every transaction.
* Use **5.5%+** slippage to buy Rocket on QuickSwap. Less than 5% slippage will cause the transaction to fail.

Burned initial liquidity Rocket-USDC LP: [polygonscan.com/tx/0x6a47368752b216cbd844d0c156d4ed16e85e5bbfd9b64ffb790b85a3ab509d03](https://polygonscan.com/tx/0x6a47368752b216cbd844d0c156d4ed16e85e5bbfd9b64ffb790b85a3ab509d03)

Burned initial liquidity Rocket-MATIC LP: [polygonscan.com/tx/0x4e1caa9265ca7928a264466117ce4ded52eb2305e84a21bcf7103587a5dbdb8e](https://polygonscan.com/tx/0x4e1caa9265ca7928a264466117ce4ded52eb2305e84a21bcf7103587a5dbdb8e)