Objectives

Our Taxes and Their use
DEX
CEX
Currently our taxes are 8% Buy and 8% Sell while using DEX. 
LBank / CoinInn
There is a 2% buy and sell tax on every transaction 
(CEX NO TRANSFER TAX NO REWARDS IF TRADING ON CEX)
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

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

Last modified 1mo ago