🏛️Fees
Fees To make the protocol sustain and start earning yield for the community, the project has to take fees.The current liquidity fees are as below:
30% of the reward generated for every compound
30% of the reward claimed
30% of the amount per Nodes creation (the rest is burned forever and you still get 100% of the amount on your Nodes)
70% of its fees go into the treasury, which will be used to ensure the stability and sustainability of the protocol in the long term, notably by financing the AVAX Validator, the KYC, the audit while also financing our long-term development projects, such as the social metaverse, and more...
The remaining 30% will be used to cover the running costs of the protocol, maintenance, hiring new team members, expanding the team, potentially purchasing premises, recruiting individuals in the fields of video games or 3D animation.
We also implemented a 10% selling tax to prevent bots from pump and dumping, this tax also serves to limit swing traders from undermining the chart,
The 40% transfer tax is also inspired by RND, it will allow us to prevent people from transferring funds from wallet to wallet to get around the daily selling limits.
The selling TAX and the transfer tax will be used 100% to support the treasury
Last updated