DEFT tax rates review

DefiFactory
1 min readJun 5, 2021

We have reviewed rates for taxes to cater to both traders and our long-term investors. The new rates remove any entry barrier for trade volume and also reward long-term investors to lower their rates while earning on their tokens.

👍 After listening to feedback from the community, we have reviewed rates for taxes to cater to both traders and our long-term investors.
The new rates remove any entry barrier for trade volume and also reward long-term investors to lower their rates while earning on their tokens.

🔻 15% starting tax decreasing to 5%
🔻 Cycle1: 15–10% in 4 months
🔻 Cycle2: 10–7% in 4 months
🔻 Cycle3: 7–5% in 4 months
🔻 Tax is applied only on uniswap/pancakeswap sells
🔻 Early ETH investors will get their cycles starting from 24 May
🔻 Transferring tokens to other address resets the tax cycle
🔻 Cross-chain bridge transfer resets the tax cycle

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