As we promised prior to our launch, during the first days of NUTS Gaming we are starting to reduce our taxes.
Our new tax distribution is:
- Taxes on BUYS: 5%
- Taxes on SELLS: 15%
In the beginning, we taxed heavily on the sellers, and now we are starting to reduce taxes periodically:
- Redistribution: holders will benefit from simply holding $NUTSG — Holders will receive passive income with every transaction.
- Liquidity: transactions will provide money to our liquidity pool. This liquidity will make the $NUTSG price floor raise higher each and every day.
- Expansion: funds will be used for the further development of the project.
- Team: funds will be used for the further expansion of our team so we can have more people working on growing $NUTSG.
- Marketing: will be used for the promotion, partnerships and increased exposure of the project.
- Buy back wallet: this will be used to buy back tokens from the liquidity. The tokens bought back are then burned, which makes the remaining tokens increase in value.