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.
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