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TAX Mechanism

Describing the TAX Mechanism in detail.
The amount of the fees 10% for buys and 14% for sells, allows iDot Finance to provide to it's holders with the Proof of Hold & Hold to Earn mechanism.
iDot transaction fees play an important sustainable component of iDot Finance and Obsidium Ecosystem and it's Capital Fund. They provide capital for performing critical functions to the ecosystem.
Other protocols utilize selling bonds to support the same functions as iDot fees, but we believe that approach is riskier because if bonds are not purchased, the token can lose its support and spiral downward in price as we have seen with several of these bond based protocols.
Selling bonds also costs token holders. It reduces the amount of APY that can be offered and eliminates the ability to offer a stable APY.
One additional benefit of the high fees is that not only iDot Finance benefits when Whales dump but also overall Obsidium Ecosystem and it's Capital Fund, and that because the fees collected support an entire ecosystem.
To
BUY FEE
SELL FEE
TAX Reflection
3%
3%
Referral
1.4%
1.4%
Automatic LP
1.6%
1.6%
Rebase Pool
3%
3%
Obsidium Capital
3%
7%