> For the complete documentation index, see [llms.txt](https://docs.belt.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.belt.fi/tokenomics/belt-supply/buyback-and-burn-policy.md). # Buyback & Burn Policy $BELT buyback & burning is an automated system based off of yield from beltStrategy contracts ("earn") and trading fees ("swap volume") from Belt Finance's stableswap AMM. ### Yield Buyback From the earned yield, 12% is used for BELT buyback. * 8% for burn. * 4% for BELT Single Staking Pool. This is calculated as: * earn \* 0.12 = belt buyback amount This is done for each earn() transaction for each beltStrategy contract. This happens **every 12** **hours**. You can see an example transaction here: ### Trading fee Buyback 50% of trading fees from swap volume are used to buyback and burn BELT. This is calculated as: * swap volume transaction fee \* 0.5 = BELT buyback amount The buyback() is executed **one time a day** from the accumulated amount in the swap contract: * You can see an example transaction here: