TOKENOMICS
Last updated
Last updated
The buy and sell tax are as follows -
10% buy tax whilst rebasing
14% sell tax whilst rebasing
Once rebasing ends the buy and sell tax shall reduce to -
4% buy tax after rebasing ends
8% sell tax after rebasing ends
These changes are hard coded into our contracts to take full effect automatically at the end of the rebase period. Our taxes have also been coded so that they can never be increased and only ever decreased. This means that 10% and 14% are as high as the taxes can ever be set and once reduced to 4% and 8% they can never go back up. This function ensures to protect investor from the possibility of taxes increasing to 100% unlike many other protocols in the space.
Lastly our taxes are not collected in our native token like all other protocols but in the token we are paired too, which is USDC.
The breakdown of taxes goes as follows -
50% funds RMS to maintain a stable price range
50% to Treasury to be distributed amongst team, project and holders
The breakdown of how the treasury distributes funds there on after can be found here in PROJECTED EARNINGS
Initial supply of 100,000,000 REBEL
Max supply of 400,000,000 REBEL
Can be wrapped to wREBEL to initiate staking and avoid taxes on a governmental side
Wrapped tokens can be staked on the Rebellion Capital Dapp for rewards
Rebases at a rate of 1%, once daily, for 140 days
Rebases end at the end of the 140 period before becoming deflationary
wREBEL began at an index of 1:1 with REBEL. This means that wREBEL increases in the value of how many rebases it holds inside of it, which in turn increases each and every day until the end of the 140 period mentioned above. Wrapping your tokens not only reduces the governmental taxes that many in the world are exposed to in the form of capital gains tax but gives access to staking in our rewards pools. Further information on rewards pools can be found in
