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Reward Tax
  • Introduction
    • 💰Reward Tax: Tax Distribution Revolution in DeFi
  • 🌐Understanding DeFi & Tax Systems
    • 🗄️Decentralised Finance and Its Use case
    • 💸Negative Tax and Its Use case
  • 🧊DeFi & Tax Use Case in Reward Tax
    • 🖥️DeFi and Negative Tax Use Case in $REWARD
    • 🎰$REWARD Calculations Using Example
  • 💡Reward Tax Products
    • 🈂️RSWAP: DEX
    • ⛓️RBRIDGE: Cross-chain Asset Management
    • 📈RFARM: Staking & Farming
    • 📑RMPLACE: NFT Marketplace
  • 📊Reward Tax Tokenomics
    • 🔥$REWARD Tokenomics
    • 🔥Deflationary $REWARD Token Burning
  • 💵Reward Tax Revenue Streams
    • 💰Platform Revenue Streams
  • 🛣️Reward Tax Roadmap
    • 🗺️Roadmap
  • 🔗Reward Tax Official Links
    • 🖇️RewardTax: Ways To Connect
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  1. DeFi & Tax Use Case in Reward Tax

$REWARD Calculations Using Example

PreviousDeFi and Negative Tax Use Case in $REWARDNextRSWAP: DEX

Last updated 2 years ago

Let's understand this using an example.

John buys $100 worth $REWARD tokens on Pancakeswap. Let's say price of $REWARD token is $1. So, he should get 98 $REWARD tokens after tax BUT he would get 102 $REWARD tokens. How?

Buying transaction value: $100

Buying tax 2% (1% converted to BUSD and reward distributed to all holders, 1% tax for Reserve & Strategic buyback).

4% platform reward in $REWARD tokens

So, John would get tokens worth $102, not $100 (100-2(tax)+4(reward)=102) plus share of 1% in BUSD.

Below is the buying transaction chart which is self explanatory:

Reserve wallet: This wallet will be used for marketing activities, platform development, strategic price support, and buyback & burn purposes only.

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