Taxation & Trading Slippage

Claim Tax:

Variable from 1% to 50%. This tax is adjusted based on the last time a claim was initiated:

Less than 5 days equals 50%; More than 5 but less than 11 - 40%; More than 11 but less than 17 - 30%; More than 17 but less than 24 - 20%; More than 24 but less than 30 - 10%; More than 30 - 1%

This dynamic tax has been put in place due to current market conditions to help feed the Project X Treasury without sacrificing further tokenomic flow, to protect $PXT price, and to safeguard against malicious action in the market, such as dumping. The dynamic tax system is subject to change without notice in order to preserve the sustainability and integrity of the project. Integration with the competition website will allow you to use your unclaimed rewards to purchase tickets which will see a 50% reduction in your current claim tax bracket. For example, if you are on a 10% claim tax bracket then your unclaimed reward purchase of a ticket will be subject to a 5% tax. Compounding does not affect this claim tax.

Sell Tax: Currently 0%

Variable from 0% to 30% on a market sell or swap of $PXT. This tax will be adjusted based on current conditions to feed the Project X Treasury without sacrificing further tokenomic flow, to protect $PXT price, and to safeguard against malicious action in the market, such as dumping. The Sell Tax is not planned to exceed 30%. The percentage is subject to change without notice in order to preserve the sustainability and integrity of the project.

Transfer Tax: Currently 0%