🖇️Trading Fees Explained

Fee Breakdown

Buy Trading Fees - 14%

6.5% - Fire Pit (Burned Supply) 7.5% - SIF (Used for Buyback + Burns)

Sell Trading Fees - 16%

6.5% - Fire Pit (Burned Supply) 9.5% - SIF (Used for Buyback + Burns)

Placement:

  • SIF - 100% of the taxes collected by the SIF will be regularly used to buyback Safuu at market prices and then immediately burnt into the Fire Pit.

  • Fire Pit - 6.5% of all $SAFUU traded are burnt in the Fire Pit. The more that is traded, the more Safuu that is put into the fire causing the fire pit to grow in size, larger and larger which in turn acts to reduce the circulating supply of $SAFUU.

THIS NEW TAX STRUCTURE MEANS THAT ALL TAXES FROM MARKET ORDERS (BUYS AND SELLS) WILL BE PUT INTO THE FIRE PIT CAUSING RAPID HYPER-DEFLATION IN A 100% TRULY DEFLATIONARY FASHION.

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