> For the complete documentation index, see [llms.txt](https://docs.lotusnetwork.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.lotusnetwork.net/v2-documentation/ecosystem/pyrabit-labs/lts-token/phase-one/burn-mechanism.md).

# Burn mechanism

### Tax (implemented on transactions)

* 11% burn tax.

### Antibot mechanism 

Antibot taxes are additional taxes implemented on the transaction in the case of holding LTS for less than 7 hours.

* 3% additional burn tax.

Note that taxes are not fixed and will be decreased gradually.