# Swap

To swap between **zToken** currencies the user needs to navigate to the swap page, select the input currency, and select the output currency they would like to receive. The output amount will automatically be quoted in the output box.

### Swap Logic

When a swap is triggered, the input **zToken** is burnt and the output **zToken** is minted. This allows for infinite liquidity between the supported currencies. As long as a unit of a **zToken** exists, it can be swapped for another **zToken** currency.

### Pricing / Swap Rates

All swaps between **zTokens** occur at the price provided by the Baki oracle. This allows Baki to offer central bank rates rather than the parallel rates. This helps create an alternative market allowing users to enter and exit USD positions at the best rate.

### Fees

Every trade will incur a 0.80% trading fee that is split between 50.00% to minters, 25.00% to $CNZA token stakers (coming soon), and 25.00% to the development wallet.

<br>

<figure><img src="https://2702533501-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7Y0wOIkhiG6xJBPMCwP9%2Fuploads%2FeR1LWEBHsKSccQ7gLYd2%2FScreenshot%202025-01-25%20at%2011.16.30.png?alt=media&#x26;token=baea74da-16cb-4e98-8fe6-7bdc87cecdf9" alt=""><figcaption></figcaption></figure>