Tax
The 10% trade fees for Sweaseltoken (SWZ) are distributed in a tax-efficient way to support the growth and sustainability. The tax distribution is split into three categories: burn contract, LP rewards, and community events.
Burn Contract: One-third of the trade fees goes towards a burn contract, which helps to reduce the supply of SWZ in circulation and increase the value of the remaining tokens. This burn contract is designed to create scarcity and increase demand for SWZ token, potentially leading to higher returns for investors and traders. SWZ token has no keys, so it just sends it to a wallet to take it out of circulation and doesn't actually burn, because that would be impossible without keys.
LP Rewards: Another one-third of the trade fees goes towards LP rewards. This means that holders of SWZ can receive a portion of the trade fees as a reward for holding the token. This helps to incentivize investment and support for the memecoin, and can also provide a passive income stream for investors. This reward is highly important to deepen the pool and compensate LP providers tax they paid during the provision
Community Events: The final one-third of the trade fees goes towards community events, which are designed to engage and reward the growing community of SWZ holders. These events can include airdrops, giveaways, and other activities, and are a great way to build relationships and support among the community
Overall, the tax distribution of SWZ trade fees is designed to support the growth and sustainability of the memecoin ecosystem, while also providing opportunities for investors and traders to earn returns and participate in the community.
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