Moonlight Bar
  • Moonlight Bar
  • RoadMap
  • RUM TOKEN
    • Rum Token
    • Fair Launch
    • Farm & Pool Info
    • Emission Reduction
    • Contracts
    • Burning Mechanism
    • Harvest Lock
    • Anti-Whale
    • Referral Program
  • Cold Beer Token
    • Cold Beer Token
    • Presale
    • Emission Reduction
    • Contracts
    • Burning Mechanism
    • Harvest Lockup
    • Anti Whale
    • Referral Program
  • SECURITY
    • No migrator code
    • Timelock
    • Emergency Withdraw
    • Audits
  • BuyBack & Burn Record
  • Social Account
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  • Passive Transfer Tax Burning
  • Buyback Fund
  • Deposit Fees (1% - 2.5%)

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  1. RUM TOKEN

Burning Mechanism

PreviousContractsNextHarvest Lock

Last updated 4 years ago

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Passive Transfer Tax Burning

According to our tokenomics design, each transfer must pay a 5% transfer tax. All the transfer tax will be burned (sent to the black hole address) immediately.

Black Hole Address: ​

Buyback Fund

  • We plan to set up a Buyback Fund for regular buyback and burning RUM tokens.

  • Every 12 hours, we will inject money into the fund.

  • Buyback happens every 12 hours and will use 7.5%-15% of the fund each time.

  • You can check the current fund balance on the homepage.

  • We will post all the buyback & burn record on the "Buyback & Burn Record".

Deposit Fees (1% - 2.5%)

  • 1% - 2.5% deposit fee will be charged at staking.

  • Buyback Fund will be added every 12 hrs.

  • 0.5% deposit fee will be allocated to add into RUM Buyback Fund.

  • 0.5% deposit fee will be allocated to add into RUM Buyback Fund.

  • Other deposit fee will be allocated as a dev & emergency fund.

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