🪙Tax Allocation

Trading tax

Tax will be fixed at 1% for buying and 3% for selling action

Token from the tax will be allocated as the table below:

Breakdown	Details
Marketing and ecosystem growing	40%
Liquidity Pool	30%
The Formula Racing team	30%

• Most of the tokens received from the tax wallet will be used for marketing activities, community building, and adding a small part to the stake pool and reward pool.

• Liquidity pool will be added token from the tax wallet also. Stable the F1 price and protect the longevity of Formula Racing

• Team will receive a small part of taxes. Each time a trading action is done eithe buy or sell, 2% of the total amount are paid to the team in BNB. This is the solution to eliminating unnecessary downwards price action on the chart.