Pollux Protocol Tokenomics
Pollux Protocol has implemented certain transaction fees to ensure minimum dump impact and also to contribute towards further ecosystem development, marketing while also sustaining price. Our Transactions will be available to be tracked on our dApp, as-well as BSC SCAN, to maintain 100% transparency.
Pollux Protocol collects a 10% purchase tax, 5% transfer tax and a 12% sale tax on all transactions on OneEx & Orion DEX by daylight protocol.
Below is a breakdown of trading volume fees and transparency on its utility:
Ecosystem - Our Ecosystem wallet will be used for enhancing our ecosystem, this includes Marketing, Further development, DAO Revenue, Competitions and burns. Read more here
Auto Burn - This will automatically Buy Back and Burn $POLL which will further contribute to our 'Ever-Shrinking' approach.
Auto LP - The fees will be auto injected to our Liquidity Pool, strengthening the chart.
Marketing - The fees will be added to our marketing budget helping accomplish our Marketing campaigns.
Development - We will use this fees for future development as well as to fund our VC Partnerships.
- 1.Falling Star - When there is a -10% or more Price impact, our buy tax will be reduced to 0 and Sell tax will be increased to 24%. 33% Will be Auto Burned, 33% Will be added to LP and 34% Will be used for Marketing.
- 2.Core Fuelling - 5% of Revenue from the entire ecosystem will be set to automatically buy back and burn $POLL. This will ensure an ever-shrinking supply which will make the price go higher and maintain scarcity. We project to burn 4% of supply in the first 2 months.
- 3.Max Tax inbuilt to the CA - Our contract will implement a max tax post launch feature, this will be set at 24% for Sell tax, 20% for Buy tax this will be audited to ensure safety and transparency.