HODL

<p>We’re delighted to unveil enhancements to $HODL’s tax setup, structured to increase investments and uplift value for token holders!</p><h3 id="strong-original-tax-setup-strong"><strong>Original Tax Setup:</strong></h3><ul><li><strong>10% Fee</strong> on every transaction:</li><li>5% directed to BNB reward pool</li><li>2% allocated for Reflections</li><li>1.5% for Liquidity</li><li>0.5% reserved for Lottery</li><li>1% designated for Company</li></ul><h3 id="strong-revolutionized-tax-setup-strong"><strong>Revolutionized Tax Setup:</strong></h3><ul><li><strong>5% Fee</strong> on every transaction:</li><li>4% directed to BNB reward pool</li><li>1% allocated for Reflections</li></ul><h3 id="strong-what-prompted-the-change-strong"><strong>What Prompted the Change?</strong></h3><p>By lowering the tax to 5%, we intend to enhance trading activities and attract a diverse range of investors, thereby reducing barriers to entry. This streamlined structure aims to maintain rewarding benefits while reducing transaction fees and simplifying processes.</p><h3 id="strong-significant-adjustments-strong"><strong>Significant Adjustments:</strong></h3><ul><li><strong>Diversification of Revenue Sources:</strong> Through the integration of new features like NFTs and Play to Earn, we aspire to maintain solid liquidity without requiring extra tax.</li><li><strong>Redefinition of Company Allocation:</strong> The 1% for the company will be removed. Instead, 5% of the total supply, or 40 trillion $HODL from the deployer, will be relocated to the company wallet. This shift allows for flexible BNB claims to support company needs and simplifies the overall contract structure.</li></ul><h3 id="strong-outlook-strong"><strong>Outlook:</strong></h3><p>The evolved tax system is designed to remove investment obstacles and deliver optimal returns to our community while preserving attractive reward schemes.</p><h3 id="strong-next-steps-strong"><strong>Next Steps:</strong></h3><p>These adjustments are in active development, and we aim to implement them in the immediate future!</p><p>We anticipate that this refined approach will drive $HODL towards continuous growth, streamlining, and premium value for all community members! Keep an eye out for more updates!</p><p>---</p><p>Visit <a href="https://hodltoken.net" rel="noopener noreferrer nofollow">https://hodltoken.net</a> to learn more about $HODL token and the HODL ecosystem!</p>

$HODL Introduces Tax Structure Innovations!

Table of Contents

HODL Official

Other articles published on Sep 22, 2023

Discord and Twitter hacks result in crypto losses of $6m

Can College Skills Keep Pace with the Evolving AI Job Market? Insights from Indeed’s CEO

Bitcoin Cash: How Are BCH Whales Behaving In The Market?

Crypto vs. SEC: XRP Lawyer Accuses SEC of Fraud Amid Cryptocurrency Regulation Battle

John Deaton Slams Gary Gensler as a Real Life Megalomaniac

⚡️Emergence Tool Showcase ⚡️ Day - 9

Join our free newsletter for daily crypto updates!