Tokenomics
Last updated
Last updated
DaoSpace Tokenomics Summary
Tokenomics defines the economic model of a cryptocurrency. DaoSpace's tokenomics structure delineates how the token will be distributed, utilized, and what taxes will be applied during this process. The tokenomics of DaoSpace focuses on safeguarding the token holders and the overall health of the platform. Taxes collected from buying and selling transactions contribute to the continuous development of the platform, financing marketing activities, and enhancing liquidity to ensure smooth transactions. This supports DaoSpace's sustainable and successful growth. Key Information:
• Maximum Transaction: The largest transaction amount that can be executed at once is 1,000,000 DAOP.
Taxation System:
1-) Tax for Purchase Transactions:
• A total of 5% tax is applied. • The entire 5% is channeled to the Marketing and Development fund. This fund is utilized to broaden DaoSpace's reach to larger audiences and for the continual enhancement of the platform.
2-) Tax for Sale Transactions:
• A total tax of 10% is applied. • Half of this 10% (5%) is used for liquidity provisioning. This boosts the platform's liquidity, facilitating faster and more cost-efficient transactions. • The remaining 5% goes to the Marketing and Development fund.