How token buy/sell tax work ?
Token buy/sell tax is a mechanism in cryptocurrency tokenomics where a percentage of each transaction, either buying or selling, is deducted as a fee and allocated for specific purposes. When a user buys or sells a token, a predetermined tax rate (e.g., 5%) is applied, and the deducted amount is distributed according to the token’s design, such as adding liquidity to the pool, funding development, rewarding holders, or burning tokens to reduce supply. This system incentivizes long-term holding, supports the token’s ecosystem, and helps stabilize price fluctuations by creating sustainable utility and rewards mechanisms within the project. Learn More : https://www.nadcab.com/best-blockchain-to-create-token
Irova Handsome
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Michelle Antonio commented
As in the case of cryptocurrency trading, grasping the functional concept of sell/buy token tax which is applicable to every transaction is crucial. To put it shortly, part of the transaction is taxed, and these taxes can then be allocated for any of the following: liquidity, marketing, or holder rewards. This notion of strategic distribution is also reflected in the process of developing cross-platform mobile applications, when resources are allocated in a way that fulfills the user’s experience in a functional and smooth manner. Click here: https://www.o16labs.com/blog/how-many-days-does-it-take-to-develop-cross-platform-mobile-apps
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