# Platform fees

### Overview

SmartDeFi™ keeps launch and usage costs as low as possible.

Most actions only require normal chain gas fees. Some platform features also have protocol-level fees.

{% hint style="info" %}
Platform fees are separate from blockchain gas fees.
{% endhint %}

### Fees for project owners

* Creating a SmartDeFi™ token is free. You only pay chain gas fees.
* For LGE launches, at least **30%** of raised funds buy and pair FEG in the secondary LP.
* Enabling the staking system burns **$100 worth of FEG**.
* Activating the Fee Converter burns **$100 worth of FEG**.

### Fees for users

* The default protocol fee on buys and sells is **0.3%**.
* If a project uses FEG as its backing asset, the protocol fee drops to **0.1%** on buys and sells.
* Adding tokens to staking applies a **0.5%** entry fee.

{% hint style="success" %}
The protocol fee is separate from any project-specific taxes the token owner configures.
{% endhint %}

### How fees stack

Users can pay three different cost types:

* Chain gas fees for blockchain transactions
* Protocol fees charged by SmartDeFi™
* Project-specific taxes configured by the token owner

For example, if a token has a **5%** project tax, the default total trading fee is **5.3%**.

If the token uses FEG as its backing asset, the same trade totals **5.1%**.

### Related pages

* [SmartDeFi™ Launchpad](/smartdefi-tm-platform/smartdefi-protocol.md)
* [Create a Token](/smartdefi-tm-platform/token-launchpad/create-a-token.md)
* [Enable Staking](/smartdefi-tm-platform/token-launchpad/enable-staking.md)


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