Tokenomics
Last updated
Last updated
The project's tokenomics work differently to the usual token or cryptocurrency. We engineered the tokenomics to work in best combination with the mechanics, which can be found here.
Usually, transaction taxes are combined, fixed, and not changeable. Unfortunately, with unforeseen circumstances or positive opportunities for investors, it can be greatly beneficial to increase or decrease buy/sell taxes for health and stability.
A simple step would be to make the transaction tax adjustable, however, in order to support one of our crucial core mechanics, we decided to take this one step further and create individual buy and sell taxes to provide the perfect amount of flexibility needed in support of the project and our fellow astronauts (community/investors).
The amount of tax used for different purposes is a percentage based on total taxes.
In this case, a purpose can be for example: reflection, development, marketing, giveaways, etc.
For Example: If the total (buy or sell) tax is 15%, and tax-for-purpose for reflection is 50%, effectively the reflection is 50% of 15% which is 7.5%. To understand the reasoning behind this, please visit the mechanics section.
Below is an overview of the tax-for-purpose percentages (TPP):
Below is an overview of the effective taxes each purpose will recieve at 15% tax:
By setting tax-for-purpose as a percentage of core tax, we can simply increase or decrease the core tax, and all taxes will automatically adjust.
Core Buy Tax
Core Sell Tax
15%
15%
Purpose
Percentage of Core Tax
Reflection to holders
50%
Development
13.3%
Marketing
10%
Giveaways
6.7%
nBNB bridge
20%
Purpose
Effective Tax at 15%
Reflection to holders
7.5%
Development
2%
Marketing
1.5%
Giveaways
1%
nBNB bridge
3%