🐂Tax on trade
To assure a continual rise in the floor price, DracoDex employs 0 tax on buy transaction but 5% tax on sell . This tax mechanism plays a crucial role in fueling the value and liquidity of DRACO.
for every sell , 2.5% will be burned, 2% will be transferred to the staker to encourage staking, and 0.5% will be transferred to the DRS.
The innovative structure of this tax system enables purchases to drive the floor price upwards more effectively, while stakers receive greater rewards when sales occur. This balanced approach encourages both transactions and long-term holding, fostering a vibrant and sustainable ecosystem around DRACO.
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