Tax Breakdown
All transactions on the OOZE token have a 10% tax with the exception of buying OOZE through ooze.finance. See table below for full description of taxes on the OOZE token and where they go.
Transaction | Ooze Site | Exchange | Tax Allocation |
---|---|---|---|
Buy | No tax | 10% | Contract Balance |
Deposit into Sewer | 10% | 10% to contract balance. 10% after tax reward granted to immediate ‘Guru’/Upline with every deposit. No round-robin. | |
Claim from Sewer | 10% | Contract Balance | |
Compound in Sewer | 10% | 10% to contract balance. 5% after-tax reward to immediate ‘Guru’/Upline. 5% after tax reward in round-robin form with up to 15 levels of upline | |
Sell | 10%, except during launch week which will be 50% scaling linearly down to 10% | 10%, except during launch week which will be 50% scaling linearly down to 10% | 30% of a 50% early sell tax during launch week will go to marketing, the remaining 70% of this tax goes to contract balance. After initial launch week, the 10% sell tax goes entirely to contract balance. |
Transfer | 10% | 10% | Contract balance |
Add/Break Liquidity | 10% | 10% | Contract Balance, except for ‘Swamp’, see Swamp section below. |
Transfer of OOZE deposit NFTs | 1% transfer tax charged on deposit | 5% suggested royalty charged on sale via NFT Marketplaces, 1% transfer tax charged on deposit | Contract balance |
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