MKF Revenue flow
Designated revenue flow for holders
Last updated
Designated revenue flow for holders
Last updated
The Master Key Finance token ($MKF) utilizes a 3% buy tax and a 5% sell tax to manage its economic environment. Here's a breakdown of these taxes:
Buy Tax (3%) A 3% fee is applied when purchasing MKF tokens. If you buy $1,000 worth of MKF, the buy tax is $30, and you receive $970 worth of tokens. This tax is allocated as follows: ā 1% Liquidity (LP): Adds funds to liquidity pools to help stabilize the token's price. ā 1% Marketing: Supports ongoing project development and marketing efforts. ā 1% Rewards: Distributes rewards to existing holders.
Sell Tax (5%) A 5% fee is applied when selling MKF tokens. If you sell $1,000 worth, the sell tax is $50, leaving you with $950. This tax is allocated as follows: ā 1% Liquidity (LP): Adds funds to liquidity pools to help stabilize the token's price. ā 2% Marketing: Supports ongoing project development and marketing efforts. ā 2% Rewards: Distributes rewards to existing holders.
Purpose and Impact
Discouraging Short-Term Trading: Higher sell taxes act as a deterrent to those looking to make quick profits, encouraging holders to think long-term. This helps in maintaining stability and reducing price volatility.
Funding Mechanisms: The taxes collected from transactions are often used to fund various aspects of the project's ecosystem, such as development, marketing, and partnerships. This ensures the project's growth and sustainability.
Price Stability: By discouraging frequent trading, sell taxes help in reducing the overall market activity, leading to a more stable token price. This is beneficial for both the project and its long-term investors.
Reducing Sell Pressure: High sell taxes discourage quick flips or speculative trading, which can lead to large sell-offs and price drops. This contributes to a more stable market and reduced downward pressure on the token's price.
Supporting Project Funds: A portion of the taxes collected is typically allocated to project development, operations, and other financial needs, ensuring that the project has the necessary resources to continue its operations and growth.
Reward Redistribution: The funds collected from taxes can be used to fill reward pools or redistribute benefits to loyal token holders, incentivizing them to hold onto their tokens longer and contributing to the overall health of the ecosystem.
These strategies are often tailored to the specific goals and needs of the project. Investors should be aware of how these taxes impact their trading strategies and the token's long-term performance.
Soft staking will stimulate significant interest. A user may Soft Stake tokens for the sole purpose of the staking rewards. In this case, no bounty will be established. Soft Staking rewards of $MKF token will begin on the established rebasing hour. The rebasing hour will be on that one identified hour daily for all coins/tokens. Reflections from $MKF tokens accumulated during Soft Staking will earn $MKF tokens that will be accumulated in the rewards contract. All holders will receive 10% from the Soft Staking rewards contract daily. Loyalty holders of 2 million or more $MKF tokens will qualify for our Flex Reward in USDC, an additional 25% of the rewards contract daily.