For the sustainability of the protocol and the upkeep of liquidity of various resources, we charge taxes in our protocol as trading fee. These fees are crucial to sustain the economic model implemented in the contract as well as the sustainability of the APY%.
Users will be taxed when you buy, sell, or transfer your $REBASE tokens.
- 15% BUY / TRANSFER TAX
- 20% SELL TAX
To mitigate the massive price volatility caused by whale price action, we have implemented a Dynamic Tax. We have also included a maximum token limit a wallet is allowed to SELL on each transaction.
Your $REBASE tokens holding will be considered when calculating how big of a share of the LP you hold. For every 1% LP you hold, you will get charge additional 5% tax when selling up to a maximum of an additional 30% tax.
A simple calculation:
- 1% of LP - 5% tax
- 2% of LP - 10% tax
- 3% of LP - 15% tax
- 4% of LP - 20% tax
- so on and so forth.
Example: If a user is holding 3% LP; they will be charged 35% tax during sell (20% sell tax + 15% dynamic tax).