Taxes details
Last updated
Last updated
About our taxation :
The selltax
The claim tax
Details about the sell tax
Concerning the buy and sell taxes, TrapezNode has only a sell tax system. Our sell tax will be deflationist through $TRPZ Market cap. The sell tax will be 14% at the time of the launch. The sell tax distribution is the following: → Rewards Pool = 67% → Treasury Fund = 10% → Liquidity Pool = 5% → Trapez Team = 18%
As previously said, the sell tax will be deflationist through marketcap, it will be a way to reward our early investors and diamond holders.
Deflation through Marketcap:
On the $TRPZ marketcap side, there will be a maximum of 6% reduce on our selltax. This not retrospective. Here are the big steps : 10000$ Marketcap (at launch) -> 0% total reduction 30000$ Marketcap -> 0.5% total reduction 60000$ Marketcap -> 1% total reduction 120000$ Marketcap -> 1.5% total reduction 240000$ Marketcap -> 2% total reduction
Because we want to provide a maximum profit to investors and last over time, we need to ensure the sustainability of the project, and here is one of our sustainability option. The sell tax can reach a minimum of 8% if all of the requirements are reached.
2. Details about the claim tax
The claim tax will be 10%
The claim tax distribution is the following: → Rewards Pool = 67% → Treasury Fund = 10% → Liquidity Pool = 5% → Trapez Team = 18%
An additional tax is added if you claim under 4 hours after your previous claim.
The claim tax helps the protocol to retreive some tokens, make the protocol work well and add funds to the treasury. It works as a pair with the sell tax. It preserves the protocol's sustainability through the time.