7DS Lite Paper
  • Se7en Deadly Sins (7DS)
  • Project Information
    • The Path Through Darkness
  • Lore and Tokenomics
    • SACRIFICE (Mining)
    • SINBINS (Staking)
    • PURITY
    • 2/2 Fee System
    • 2/2 Fee Breakdown
    • The Maths
    • Smart Contracts
  • Roadmap
  • Official Links
  • Disclaimer
Powered by GitBook
On this page
  • 2% Buy Fee Distribution:
  • 2% Sell Fee Distribution:
  1. Lore and Tokenomics

2/2 Fee Breakdown

2% Buy Fee Distribution:

Half of the buy fee is directed into the treasury. 
The treasury funds are an essential part of the end game strategy. 
These funds become accessible to participants who choose to 
sacrifice their PRIDE coin. The amount of treasury rewards a user can claim 
depends on the total number of PRIDE coins in existence 
(initially 7,777). As each PRIDE coin is sacrificed and 
consequently burned, the share of the treasury per remaining 
PRIDE coin increases, making each remaining coin potentially 
more valuable.
This portion is allocated to cover the operational expenses, 
including administrative costs, ongoing development, and 
maintenance of the ecosystem. This funding ensures that the 
platform remains up-to-date with technological advancements and 
operates smoothly.

2% Sell Fee Distribution:

Half of the sell fee collected from all 7DS token transactions 
is allocated to the staking contract. This allocation supports 
the rewards pool for those who stake their sin coins, providing 
an incentive for holding and locking up coins, which can help 
stabilize and increase the price over time.
The remaining half of the sell fee is used to fund the staking
and mining contracts. These funds are used to reward participants who 
choose to pledge/sacrifice their holdings in return for higher 
rewards over time.
Previous2/2 Fee SystemNextThe Maths

Last updated 5 months ago