Fees
To make the protocol sustainable and start earning yield for the community, the project has to take fees. The current liquidity fees are as below:
25% of the reward generated for every compound
15% of the amount per ParaNode creation (the rest is burned forever (85%) and you still get 100% of the amount on your ParaNode)
100% of the amount locked in ParaNode on EVOLUTION.(You still get 100% of the amount on your ParaVerse NFT Node)
Claim Tax - Every node will start with a 60% claim tax, every time you claim from your node your tax will increase by 3%, every time you compound it will reduce by 3% - you can reduce your tax all the way down to -30%(bellow zero) increasing your claim reward by 30%. After claim your claim tax will be reset to +30%
70% of the fees go into the treasury, which will be used to ensure the stability and sustainability of the protocol in the long term, while also financing our long-term development projects, such as the social metaverse, live streaming, NFT Game and many more.
We also implemented a 15% selling tax to prevent bots from pump and dumping, this tax also serves to limit swing traders from undermining the chart, The 40% transfer tax is also inspired by RND, it will allow us to prevent people from transferring funds from wallet to wallet to get around the daily selling limits. 100% of the selling tax and the transfer tax will be used to support the treasury.
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