Objectives
Our Taxes and Their use
Currently our taxes are 8% Buy and 8% Sell while using DEX.
The reason is as follows :
Investors using a DEX will receive Luna Classic as a reward for holding 500K LunaT or more. Investors using a CEX, will not receive Lunc Rewards, thus they pay less in taxes.
Tax Breakdown-DEX (BUY & SELL)
| Taxes | Use |
|---|---|
1% | for LP-strong lp helps limit wild volatility in the price, as well as being attractive for larger investors. |
1% | for LunaT Burns- every buy will contribute to 1% burn of LunaT |
1% | for Treasury/Delegate/Burn |
2% | for Marketing/Development- a healthy marketing/development budget helps the project continue delivering great use case and utility. |
3% | for Rewards- rewarding LunaT investors with 3% Lunc rewards on every buy |
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