🔢Taxes

Tax Structure and Distribution Details

Tax Structure and Distribution Details:

The CBA token operates on a unique tax structure that ensures the sustainability and growth of the ecosystem. The tax components play a crucial role in incentivizing holders, supporting marketing efforts, and fostering community-driven initiatives. The tax distribution is as follows:

Buy/Sell Tax:

10% of each buy/sell transaction is allocated to various purposes within the ecosystem.

CPRx Reward/Reflection:

6% of the buy/sell tax is distributed as CPRx rewards/reflections to all CBA holders.

The CPRx rewards/reflections are automatically distributed to holders' wallets, incentivizing them to hold and accumulate more CBA tokens. This mechanism not only benefits CBA holders but also generates buying pressure on the CPRx token, redirecting attention and support to the Crypto Banking Alliance's lack of marketing efforts. The official CPRx contract address: 0xc6e145421FD494B26dCF2BFeB1b02b7c5721978f

Burn:

1% of the buy/sell tax is allocated for token burning.

The burn tax contributes to the deflationary nature of the CBA token. By reducing the total supply through regular token burns, the Cheeky Boys Association aims to create scarcity and potentially increase the value of each remaining token over time.

LP (Liquidity Pool):

2% of the buy/sell tax is added to the liquidity pool.

The liquidity pool ensures sufficient liquidity for smooth trading and promotes stability within the CBA ecosystem.

Marketing/DAO (in PLS - PulseChain native token):

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1% of the buy/sell tax is reserved for marketing efforts and allocated to the DAO (Decentralized Autonomous Organization). Marketing will be primarily focused on word-of-mouth strategies and creative content creation.

The marketing initiatives aim to raise awareness about the Cheeky Boys Association and drive community engagement.

The DAO serves as the governance body, allowing the community to participate in decision-making processes and shaping the future of the Cheeky Boys Association.

Transfer Tax:

There is no transfer tax imposed on CBA token transactions, promoting seamless and frictionless peer-to-peer transfers.