Hybrid Model Taxation
Genesis DAO implements a hybrid model of taxation, where the treasury holds both ETH and GEN.
The hybrid rate of collecting these assets is adjustable with a cap. For example, if the sell tax is 15%,
0-6% Will be in ETH
9-15% Will be in Tokens
In this table, Subject A is selling 100k tokens, 15% of it will be taxed = 15000
The protocol will only send 90% [13.5k] to the treasury in the form of tokens And 10% [1.5k tokens> 0.015 ETH] will be swapped back to ETH and sent in the form of ETH
----
This innovative approach ensures a balanced ecosystem by allowing flexibility in asset management while mitigating price dumps during marketing or the reinvestment of treasury assets in empowering the $GEN ecosystem (3. Heavy Deflation).
Last updated