# Token Swaps V2 **Token swaps** on BabyDogeSwap are a simple way to swap one BEP-20 token for another via automated liquidity pools. BabyDogeSwap utilizes a custom engineered routing solution to offer its users some of the best prices available on-chain by leveraging other prominent exchange's liquidity sources. **BabyDoge Router**, **Deflationary Router (Smart Router)**, and **Bonus Router**.

Lets quickly cover the important details and difference between each router: * **BabyDoge Router -** Our bread and butter, the first AMM with lowered fees for holders. Down to 0%! See token holding requirements below.

* **Deflationary Router (Smart Router) -** The "Smart Router" seen in the UI is representative of our deflationary router. This means the trade is being facilitated through another exchange's liquidity. A portion of this swap will be burned, contributing to the traded token's deflationary rate.

* **Bonus Router -** As a rare treat, estimated 5% of swaps, trades are upgraded to the bonus router. This means the trade has qualified for an automatic arbitrage opportunity, supplied by [Wallchain](https://www.wallchain.xyz/), the trade routing is automatically upgraded to be moved across different liquidity sources to capture the arbitrage.\ \&#xNAN;*Note that BONUS swaps have an increased gas cost and are difficult to estimate consistently due to the complex nature of the transaction.*

* **Portal Router -** for taxed tokens. This router is selected when wallet have a discount for selected OUT token in [Burn Portal](https://docs.babydogeswap.com/babydoge-docs-1/products/burn-portal) contract.

\ \ When you make a token swap (trade) on the exchange's **BabyDoge Router** you will pay a **0.3% swap fee**, which is broken down as follows: **0.2%** - Returned to Liquidity Pools in the form of a fee reward for liquidity providers. **0.1%** - Sent to the BabyDogeSwap Treasury. ### Hold BabyDoge Coin and pay Lower Fees | Held Amount | Discount | | ---------------- | -------- | | 10 Billion BDC | 10% | | 100 Billion BDC | 15% | | 500 Billion BDC | 20% | | 1 Trillion BDC | 30% | | 10 Trillion BDC | 50% | | 100 Trillion BDC | 70% | When you make a token swap (token **IN** -> ... -> token **OUT**) through the **Deflationary Router (Smart Router)**, the fee details are as follows. * If both token **IN** and **OUT** are whitelisted - treasury collects **0.5%** of token **IN** * If only token **OUT** is whitelisted - burn **0.25%** of token **IN** and: * If there's a path to **WBNB** available - swaps 0.25% to **WBNB** and transfers to treasury * If there's NO path to **WBNB** available - swaps 0.25% to token **IN** and sends to treasury * If only token **IN** is whitelisted - treasury collects **0.25%** of token IN, while **0.25%** of token **IN** are swapped to token **OUT** and burned * In the case that neither **IN** or **OUT** tokens are whitelisted * If there's a path to **WBNB** available - burn **0.25%** token **OUT** and treasury swaps **0.25%** to **WBNB** * If there's NO path to **WBNB** available - burn **0.25%** token **OUT** and **0.25%** token **IN** When you make a token swap through the **Bonus Router**, the fee details are as follows. Normal exchange fee applied, if this is a trade based the **BabyDoge Router or the Deflationary Router (Smart Router).** [Wallchain](https://www.wallchain.xyz/) also collects a small share of the total arbitrage. **60%** of total arbitrage is reserved for you, the user. **40%** of total arbitrage is collected for the BabyDoge treasury.