Sliding Claim Tax

The sliding claim tax will work in the following way. It will begin at 100%, and will decrease everyday by 10%, until ultimately landing at 10% which is where it will cease decreasing. This process will take 9 days in total. Holding rewards for 30 days reduces the claim tax to 7.5%.

Once rewards have been claimed, the tax will then restart again at 100%. We believe the sliding tax will help buffer constant sell pressure and promote the idea of compounding rewards as much as you can, benefitting the protocol further.

Distribution of the claim tax will be as follows:

  • 50% to Rewards Pool

  • 20% to Treasury

  • 15% to Development

  • 15% to Liquidity

Tax distribution is subject to change.

Last updated