NIL FAQ
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  1. NIL Coin

What happens on Buy/Sell/Transfer

PreviousTokenomicsNextAuto Liquidity Acquisition

Last updated 3 years ago

When a transaction occurs on the NIL Contract (buy, sell, transfer) the contract will tax 15%. The purpose of the 5/5/5 Tax is to reward holders and maintain the health of the token. Here is how it benefits NIL Holders:

  • 2% Burn increases the value of tokens because there are less tokens in circulation.

  • 3% Marketing Fee

  • 5% to liquidity pool helps build stronger liquidity (which is very important in order to sell NIL)

  • 5% to reflexions rewards all holders of NIL.

The mathematical model dramatically increases the value of tokens the earlier a person owns and the longer they hold the token. Rewarding this behavior will have a positive impact on the value of the token long term.

How it works

The contract automatically manages the distributions of the 5/5/5 model.