🪙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.

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