Let's talk #SweaselTax 💸 (A 🧵). Sweasel always does the sweaseling and never gets sweaseled. This is a fact of life, as sure as Death and Sweasels.
As such, there is a 10% tax on ALL transactions. That 10% of $SWZ goes straight into the Sweasel Treasury, where it works for the community!
What does the tax do? It goes to: -LP and Twitter Rewards- to show some #Sweasellove -Burn Contract- to forever reduce supply -Community giveaways and events- let the DAO decide!
Why tax at all? The Sweaseltax supports and sustains growth for the community, and as the first token to have implemented this kind of value proposition on #Hedera, Sweasel decided to take the Sweaseltax to the Sweaselmax!
A 10% Sweaseltax is a great reason to hodl, but also to engage! You can offset your tax by tweeting about @SweaselToken and registering for verified rewards in our Discord server.
Sweasel also recognizes the commitment that LP providers make, and not only rewards them, but refunds their Sweaseltax too!
How to get Sweaseltaxed? IMPORTANT: SWEASEL WILL NOT SHOW UP AT YOUR PLACE OF RESIDENCE TO COLLECT SWEASELTAX. Any time you BUY SELL or SEND $SWZ, #Sweasel gets 10% automatically!
All you have to do is make sure the slippage on your buys to at least 11% to cover the tax plus any price volatility.
Overall, Sweasel has designed the Swaseltax to bolster the token’s community and longevity, and so far, it has produced a robust treasury that is growing every day! Come join us to contribute, be rewarded, and be a part of one of the most innovative and fun #memecoins around!
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