2. Transaction Tax Fees
Transaction fee taxes turn any token into a profitable business
Last updated
Transaction fee taxes turn any token into a profitable business
Last updated
Meme tokens usually come with some form of fee on every transaction as a mechanism to grow treasuries, burn tokens or increase LP. Project owners are able to customize their tokens with one or multiple different transaction fees. For each category, projects can choose the starting fee and the maximum fee. Projects can change the transaction fee between 0% to the maximum fee, however, the fee can never exceed more than 20%.
Liquidity Fee: Fee that is half sold to BUSD and used as locked LP tokens. These tokens are locked in forever.
Burn Fee: Tokens taken as a transaction fee are directly burned.
Team Fee: Tokens taken as a transaction fee are being sent to the predefined team wallet.
Reflection Fee: Fee that is distributed to all holders, proportional to their holding.
Baby Token Fee: Tokens taken as a transaction fee are swapped to a mother token and then slowly distributed to all holders. The project owner needs to define the contract address of the mother token and the speed at which tokens are redistributed back to their users.
Holder Fee: The fee is redistributed back to all holders of the token. The project owner needs to define the speed at which tokens are redistributed.
DAO Treasury Fee: Fee that is sent to the DAO Treasury. The DAO can then decide what to do with these tokens.
We recommend not exceeding a total fee of 20%.
BabySwap tokens are a type of meme token economics that wrap a buy offer to every sell. Meaning every time someone wants to sell a token that was minted with a BabySwap base design, will receive 2% in SAFU worth of their sell order.
XTZ was minted on safu.io as a BabySwap token. Users buy 100 USD worth of this token. The token goes 10x and the user sells their tokens for 1000 BUSD. The token has a 2% baby swap fee, therefore while the user sells their 1000 USD worth of XYZ for 1000 BUSD, a second buy swap is wrapped into the sell order for 2%. The user ends up with 980 BUSD and 20 USD worth of SAFU in their wallets.
BabySwap tokens massively distribute SAFU in small parts to 1000s wallets.
To incentivize project creators to use BabySwap as their base economy design, these tokens have a 1.5% fee instead of 2%.
