> For the complete documentation index, see [llms.txt](https://docs.luxy.io/help-center/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.luxy.io/help-center/finance/utility/marketplace-discount.md).

# Marketplace Discount

Both buyers and sellers pay halved fees (1%) when buying NFTs using LUXY Token. The remaining LUXY coming from fees are all automatically burned to the 0x000000000000000000000000000000000000dEaD address.<br>

We'll start off burning 100% of the remaining LUXY tokens, but governance can choose to alter this parameter of the marketplace.