Last updated
Last updated
Tax Time in Pasta Land, Yo!
Taxes, my fellow degens, are a key ingredient in any financial game. And guess what? Pastafarian Coin ain't skippin' out on that! We're all about transparency and building a sustainable economic model that benefits everyone. So, we got some slick tax mechanisms in place to keep things rollin' smooth. These taxes serve specific purposes, like creating a liquidity fund and rewarding long-term investors. With these tax moves, we're gonna whip up a thriving ecosystem that rewards your hustle and helps us reach our long-term goals.
Every time someone buys or sells, 50% of the tax (0.5%) will automatically be added to the liquidity pool via smart contract. We keep this flow goin' until we hit our target of $6.9 million in the fund. Once we reach that milestone, we start burning tokens. By building a solid liquidity reserve, we're gonna make the market stable, boost trading liquidity, and give our community total confidence.
Our automated burn feature is like a built-in magic trick that removes a small slice of each transaction from circulation. Over time, it reduces the total supply of Pastafarian Coin, making it rarer than a golden meatball. This burn tax is gonna pump up the value of each remaining coin, makin' the hodlers feel like they struck crypto gold. It's also gonna keep our project strong by combating inflation and creating a stable token economy. This move is all about makin' our community feel the gains and keepin' Pastafarian Coin on the rise!
The War Chest is the engine behind Pastafarian Coin's ascent. It collects a modest 0.5% tax from each DEX transaction and transforms it into a powerful growth hacking tool. This chest fuels our ambitious marketing campaigns, elevating them to legendary status within the crypto realm, while also steering the development of Pastafarian Coin itself. This strategic allocation ensures the coin's enduring evolution, safeguarding its security and fostering innovation over the long haul.
Oh, and quick heads up! For the first 69 hours of active trading, we got a special setup. The contract is hard-coded to allocate that 1% tax to fuel our marketing efforts. We're gonna make Pastafarian Coin known far and wide, baby!
So get ready to navigate the tax terrain with us, my degenerate comrades! We're creating a crypto masterpiece that rewards your moves and keeps our pasta party goin' strong. Let's do this!