Taxes
Last updated
Last updated
With the number of utilities plus the level of engagement, leaving our token without any tax won't lead us anywhere at first. Fueling the initial weeks with additionally raised money will be a critical moment to further serve better to all. However, we are going to position ourselves between two aspects in terms of those taxes:
incentivizing people with low tax, mostly attractive for swing traders that create volume;
fueling two wallets from the volume triggered by the low taxes, which will serve as a tool for further project expansion; The breakdown of taxes will be as follows: Buys - 1% (goes to the Conclave wallet) Sells - 2% (goes to the Treasury wallet) Roundtrip - 3%