MemeLordz Whitepaper
MemeLordz Website
  • Executive Summary
    • Overview of MemeLordz
    • Vision and Mission
    • Integration with DeFi Ecosystem
  • Introduction
    • Background and Inspiration
    • The Importance of Memes in Digital Culture
    • The Evolution of Blockchain Gaming
  • Game Concept and Design
    • Gameplay Mechanics
      • Exploring Memnon
      • Catching & Training Lordz
      • Turn-Based Combat System
      • Future Plans
    • Game World
      • Regions and Environments
    • Characters and Lore
      • Rarity and Attributes
  • NFT Integration
    • MemeLordz NFT's
      • Types of NFTs
    • NFT Minting Process
      • NFT Minting Mechanism
      • Smart Contract Details
      • Code Snippets
    • Marketplace and Trading
      • In-Game Marketplace
      • MemeLordz NFT Marketplace
      • External NFT Marketplaces
  • Economic Model
    • Tokenomics
      • Lordz Token Utility
      • Distribution and Supply
      • Token Taxation
      • Future Plans
    • In-Game Economy
      • Currency Flow
      • Player-Driven Marketplace
    • Revenue Streams
      • In-Game Purchases
      • Transaction Fees
      • Merchandise
  • Community and Governance
    • Community Engagement
      • Events and Competitions
      • Community Challenges
    • Governance Model
      • Player Voting Mechanisms
      • Development Proposals
    • Partnerships & Collaborations
      • Strategic Partnerships
      • Grants and Hackathons
      • In-game Integration
  • Multichain
    • Multichain Interoperability
    • Bridging Technology
    • Blockchain Accessibility
    • Multichain Cultural Hub
  • Farming Ecosystem
    • Onchain Farming Ecosystem
    • On-Chain Transactions
    • Ecosystem Benefits
    • Future Plans
      • Proof of Concept
      • Utilization of Ingredients
      • Ingredients List
        • Meme Dust
        • Metal Dust
        • Diamond Pieces
        • Magic Crystals
        • Rare Herbs
        • Enchanted Wood
        • Mythical Stones
  • Appendices
    • Glossary of Terms
    • Technical Specifications
    • Frequently Asked Questions
  • Security and Compliance
    • Security Compliance
    • Smart Contract Security
      • Auditing Processes
      • Security Measures
    • Data Privacy
      • Player Data Protection
      • Compliance & Regulations
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  1. Economic Model
  2. Tokenomics

Token Taxation

Lordz Token Taxation

To maintain a sustainable and thriving ecosystem, the MemeLordz token incorporates a small transaction tax on every buy and sell action. This taxation mechanism ensures continuous liquidity, supports marketing efforts, and funds the project treasury. Specifically, a 2% tax is applied to each transaction, which is then distributed as follows: 1% to liquidity, 0.5% to marketing, and 0.5% to the project treasury. This structure supports the long-term growth and stability of the MemeLordz ecosystem.

Buy Fees
Percentage

Liquidity

1% added to $LORDZ- $BNB - LP

Marketing & Team

0.5% added to BNB Reserve Marketing & Team

Treasury Fund Reserve

0.5% added to $LORDZ - $BNB - Treasury

Sell Fees
Percentage

Liquidity

1% added to $LORDZ- $BNB - LP

Marketing & Team

0.5% added to BNB Reserve Marketing & Team

Treasury Fund Reserve

0.5% added to $LORDZ - $BNB - Treasury

Token Taxation Flowchart

User Buy or Sell
       │
       ▼
   2% Tax Applied
       │
       ▼
 ┌──────────────┬─────────────┬─────────────┐
 │              │             │             │
 ▼              ▼             ▼             ▼
1% to Liquidity 0.5% to Marketing 0.5% to Treasury

The token taxation mechanism in MemeLordz is designed to ensure the ecosystem's health and longevity. By allocating portions of each transaction to liquidity, marketing, and the treasury, MemeLordz can maintain a stable market, promote itself effectively, and fund ongoing development and operational needs. This strategic approach balances the immediate needs of the project with its long-term sustainability.

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Last updated 9 months ago

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