# Token Utility ($BSR) ## Transaction Fees The transaction fee is of great importance for vital issues such as project continuity, price stability, and continuity of periodic trade. At this point, the details (levels, awards, incentives, transaction fees) within the project are designed to fully protect these measures. * Transaction fee: Currently set at 1%. Transaction fees can be adjusted (0–2%) ## Staking for Rewards Staking rewards will also be distributed in 24-hour cycles. There is also an Early Reward Withdrawal Tax which is 30% if you claim the staking rewards daily basis. The early reward withdrawal tax fee decreases by 1% per day if the reward is not claimed. When rewards are claimed, the early reward withdrawal tax is reset. ## Staking for Guaranteed Allocations for IDOs Tokens must be staked 24 hours before an IDO for a wallet to be whitelisted. ## Farming for Higher Rewards Liquidity providers can claim rewards in $BSR for contributing to the network. Yield farming in BinStarter generates the most returns possible on your asset. ## Farming for Guaranteed Allocations for IDOs Liquidity providers can also qualify for guaranteed allocations from IDOs. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.binstarter.io/basics/binstarter-token-utility.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.