Taxes
Taxes
Buy Tax: 1% Sell Tax: 2%
Marketing Wallet: 0x2f774e7d8f21298d98cbcf65cdc16519b745ef48
Why Do We Charge a Tax?
Fees are implemented in the TrustLaunch ecosystem to support marketing efforts and enable effective promotion of TrustLaunch. However, it's important to note that these fees are temporary and are only applicable during the initial phases of TrustLaunch. As TrustLaunch establishes itself as a prominent launchpad within the ecosystem, the fees will be removed. This strategic approach ensures that TrustLaunch can allocate resources to marketing activities, fostering its growth and visibility, while ultimately transitioning to a fee-free model once it becomes a well-established platform. The removal of fees reflects TrustLaunch's commitment to providing a streamlined and cost-effective experience for users in the long run. Fees collected within the TrustLaunch ecosystem are directed to the Marketing Wallet at the address 0x2f774e7d8f21298d98cbcf65cdc16519b745ef48. This dedicated wallet serves as the repository for the accumulated fees. Interested parties can easily monitor the transaction history and balance of the Marketing Wallet on BscScan, ensuring transparency and accountability.
Can Taxes be Adjusted?
In the TrustLaunch Contract, fees are adjustable but limited to a maximum fee percentage of 2%. This means that the fees associated with transactions and other platform activities cannot exceed 2% of the total transaction value. The flexibility to adjust fees allows for customization and adaptation to different scenarios, including the ability to remove fees entirely when listing on centralized exchanges. By setting a maximum fee percentage of 2%, TrustLaunch ensures that fees remain reasonable and fair, promoting a balanced ecosystem while providing the necessary flexibility
Slippage
Recommended Slippage: 5%
Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. Slippage commonly occurs in decentralized exchanges (DEXs) and other trading platforms that rely on liquidity pools. When a trade is executed, especially with larger order sizes or during periods of high market volatility, the available liquidity in the trading pool may not be sufficient to fill the entire order at the desired price. As a result, the trade may be partially filled or executed at a different price than anticipated, leading to slippage. A minimum slippage of 1% will be applicable to buys, and 2% slippage for sales. This is to account for the taxes. If your transaction fails due to low slippage, you may increase slippage incrementally until it goes through, or wait for a favorable time period where trading congestion is low.
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