📝BEETCH Tax

BEETCH please

• Each time a BEETCH token is transferred, 2% of transaction tax fee is sent to community controlled "BEETCH Governance Fund" (BGF) account.

• BEETCH tax is paid by the originator wallet that initiates the transfer. The BEETCH tax is taken from the sent amount during the transfer:

  initiated transfer amount > received transfer amount

• At the start of the each BEETCH cycle (~ 1 month or 1,3M base chain blocks) funds collected in a BGF account from previous cycle are redistributed to be burned or donated in different ratios depending on decision made by BEETCH community vote.

Simplified BEETCH TAX schematic

⚙️How Theze BEETCHEZ Work