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Archive => Promoted section that are no longer active => Next Moon => Topic started by: NextMoon on April 16, 2021, 11:45:39 AM

Title: FAQ . NextMoon Tokenomics - 5% Burn
Post by: NextMoon on April 16, 2021, 11:45:39 AM
NextMoon Tokenomics are very simple:


Token decreased :
If you buy 100 tokens, 5 will burn, and you will receive only 95 tokens
If you transfer 100 tokens 5 will burn.
If you sell 100 tokens 5 will burn.

Why, don't we have reflection distribution ?
Reflections benefit mostly whales, not the little guy.
When a whale is holding 3-4%, it means 3-4% of reflection tax goes to this whale
a small holder holding 0.001%, gets 0.001%
It is just perpetuating the idea the rich get richer, so no thank you, we will not put extra tax to give to whales.