Tax Breakdown
Last updated
Last updated
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