Tax
Tax Mechanism in Champions War: Promoting Price Stability and Sustainability
Champions War utilizes a burning mechanism fueled by taxes generated from player transactions. When players send or sell CI Tokens, taxes are applied based on the purchase amount. These taxes are used to burn CI tokens, controlling the supply and promoting price stability.
Tax Rates Based on Purchase Amount:
| # | Purchases | Tax Fees |
|---|---|---|
1 | Above 60,000 $ | 0% |
2 | Above 20,000$ | 5% |
3 | Above 8,500$ | 10% |
4 | Above 50$ | 15% |
5 | Zero purchases | 20% |
The tax system serves to incentivize continued engagement with the game and ensure that the protocol remains sustainable and enjoyable for all players. By implementing a tiered tax structure, Champions War encourages higher levels of player investment and activity, further supporting the game's long-term success.
Last updated