Grabpenny Whitepaper
  • Overview
  • Getting started
  • Game Module
    • Energy
    • XP Points
    • Login Cooldown
    • Spin Fortune Wheel
    • Earning Tasks
    • Tier System
    • GP Lottery
    • GPX Prediction
    • Eth Prediction
    • Btc Prediction
    • Sol Prediction
    • CoinCraze Weekly Leaderboard
    • Mission Uncrossable
    • Mines: Dare2win
    • Boxes: Dare2Win
  • GPX Tokenomics
    • Token Information
    • Tokenomic
    • Vesting
    • Governance & Vaults
    • Tax Strategy
    • Taxation and Distribution Strategy
    • Demand/Supply
  • Other Module
    • NFT Marketplace
    • Decentralized Wallet
    • Security
    • Carbon offseting
  • Buy GPX Tokens
  • Blog
  • Roadmap
  • Platforms
    • Hub.grabpenny.co
    • QuickBuzz.io
    • Botally.xyz
  • Social Channels & Media Kit
  • Getting Help
  • Change Log
Powered by GitBook
On this page
  1. GPX Tokenomics

Taxation and Distribution Strategy

To sustain and fuel the growth of the GP Token ecosystem, we've implemented a strategic taxation policy on buy and sell transactions. Each transaction incurs a tax, meticulously allocated to various sectors of the ecosystem to ensure its long-term stability and prosperity.

Current Buy Tax Distribution (4%)*

The tax on buy transactions is distributed as follows:

  • Liquidity Pool: 50% of total tax is directed towards strengthening the GP Token's liquidity pool, enhancing overall market stability.

  • Staking Rewards: 15% of total tax is allocated to the staking rewards pool, incentivizing users to stake their GP Tokens and earn rewards over time.

  • Development Fund: 18% of total tax supports ongoing development, ensuring the GP Token ecosystem continues to evolve with new features and enhancements.

  • Marketing and Growth: 17% of total tax is invested in marketing initiatives and ecosystem growth strategies, expanding the GP Token's reach and adoption.

Current Sell Tax Distribution (4%)*

The tax on sell transactions is carefully allocated to support ecosystem health and user rewards:

  • Liquidity Pool: 50% of total tax bolsters the GP Token liquidity, maintaining smooth and stable transaction capabilities.

  • Rewards Pool: 15% of total tax is contributed to a general rewards pool, used for user incentives and engagement boosts.

  • Development and Operations: 17% of total tax goes towards the continuous development and operational costs of the GP Token ecosystem.

  • Ecosystem Stability Fund: 18% of total tax is set aside for the Ecosystem Stability Fund, which is used to mitigate the impacts of extreme volatility and ensure the longevity of the GP Token.

PreviousTax StrategyNextDemand/Supply

Last updated 1 year ago