๐TAX BREAKDOWN
1. TOTAL TAX:
For each minting action, a consistent 10% tax is applied. While for redeeming the tax is 8.8%. This tax gets automatically deducted and is channeled into specific avenues to support the overall ecosystem and the token's value proposition.
2. TAX ALLOCATION ON MINTING:
$PANTHEON Contract (6%): This 6% is the backbone of $PANTHEON's resilience and growth against $ETH. When you see a tax allocated to the $PANTHEON contract, Ensuring Appreciation. A consistent 6% allocation to the contract ensures that the tokenโs price is always on an upward trajectory in relation to Ethereum.
Liquidity Providers Incentive (3%): It's no secret that liquidity is the lifeblood of any DeFi project. For $PANTHEON, ensuring ample liquidity is paramount.
Rewarding the Backbone: Those who stake their assets and provide liquidity are not only taking a risk but also fueling the very trades that keep the ecosystem alive. This 3% acts as a direct incentive for them.
Encouraging More Liquidity: The consistent reward ensures that more users are encouraged to become liquidity providers, thereby ensuring that trades are smooth and the ecosystem remains robust.
Team Allocation (1%): Behind every great project is a dedicated team, and $PANTHEON is no exception. This allocation ensures that the brains behind the project are rewarded, but it's more than just a paycheck.
Ecosystem Expansion: A portion of this allocation goes directly into expanding the ecosystem. Whether it's integrating with new platforms, partnerships, or other developments, it ensures $PANTHEON remains at the forefront.
3. TAX ALLOCATION ON REDEEMING:
The Tax allocation on redeeming actions works the same way as on minting, the only exception resides in the 6% contract tax being 4.8%.
Why Does This Tax Matters?
This structured tax mechanism plays a pivotal role in sustaining the upward price movement of $PANTHEON against $ETH. By ensuring liquidity, continuously driving up the token's intrinsic value, and supporting ongoing developments, it's a win-win for all involved.
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