πͺSafuuX (SFX) Native Coin
SFX
SFX will be the native currency of the SafuuX chain ecosystem, which will be used to pay transaction fees similar to ETH in Ethereum.
SFX Rewards
Much in the same manner as the BEP-20 SAFUU token operates currently; SFX will also follow the same workings as an Auto-Rebasing, Auto-Compounding and Auto-Staking coin which allows the holder to receive reward payouts every 15 minute epoch.
Fixed APY Rebase (191,888% APY Introductory Promotional Rate for 240 days)
βFixedFlexβ APY (Continual after the first 240 days have passed)
FIXED: 38.0% Fixed APR Rebase FLEX: 1% of All On-Chain Fees captured will be rewarded to SFX holders. This is uncapped with unlimited earning potential for the Flexible Reward Component. Reward is paid from TX fees alone without incurring rebase.
Total APY % = FIXED + FLEX (Dependent on chain volume)
Maximum Achievable FixedFlex Percentage = Uncapped
TAX & Fee Structure
All transfers of the native SafuuX Coin SFX will incur an on-chain fee of 5%, all other SFU-20 tokens being interacted with on the SafuuX Chain are subject to 0 tax.
All network GAS fees are paid in the native SafuuX SFX Coin
4% SafuuX FirePit - NULL 0xdead address
1% Flexible Rebase Component
EXAMPLE 1
WalletA transfers 10 SFX to WalletB
1 SFX (5%) tax is paid from WalletA so WalletB receives 9.5 SFX total
EXAMPLE 2
WalletA transfers any amount of SFU-20 token to WalletB
0% tax is paid from WalletA so WalletB receives the full amount of token transfer
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