> For the complete documentation index, see [llms.txt](https://elephanteth.gitbook.io/elephant.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://elephanteth.gitbook.io/elephant.money/elephanteth/fees-detailed.md).

# Fees - Detailed

<figure><img src="/files/mP6V93iGrGcdATv2VVVs" alt=""><figcaption></figcaption></figure>

There is a 10% transaction fee for all **buys**, **sells** and **transfers** of $ELEPHANTETH token done on Uniswap.

{% hint style="info" %}
Transaction fees on ELEPHANTETH token reward long-term holding (3,3) while virtually eliminating day trading opportunities, subsequently dramatically reducing token volatility.
{% endhint %}

10% of every transaction for $ELEPHANTETH token is distributed to existing to token holders and locked liquidity on UNI, split equally 5%. The graveyard is treated as just another holder.&#x20;

{% hint style="info" %}
50% of fees collected on Buys, Sells or Transfers goes to create an ELEPHANT/WETH LP pair which is then sent to locked liquidity on Uniswap
{% endhint %}

**Fee Breakdown:**

<table><thead><tr><th width="215.35150146484375">Action</th><th width="218.98219807942706">Location</th><th>Fee</th></tr></thead><tbody><tr><td>Buy $ELEPHANT</td><td>Uniswap</td><td>10%</td></tr><tr><td>Sell $ELEPHANT</td><td>Uniswap</td><td>10%</td></tr><tr><td>Transfer $ELEPHANT (to another wallet)</td><td>Wallet</td><td>10%</td></tr><tr><td>Buy $ELEPHANT</td><td>Elephant Eth Money Website</td><td>8.5%</td></tr><tr><td>Sell $ELEPHANT</td><td>Elephant Eth Money Website</td><td>8.5%</td></tr><tr><td>Transfer $ELEPHANT (to another wallet)</td><td>Elephant Eth Money Website</td><td>3.5%</td></tr></tbody></table>

In addition to Uniswap, the ELEPHANT token can also be purchased on the ElephantETH.Money website directly using ETH (8.5% Transaction Fee) through the [Buy with Bertha](broken://pages/UiYKAQ7VBJfj6tucBtTM) (BWB) program.