Burn Mechanism

The $EN tax structure is designed to support the ecosystem's growth and sustainability. At the time of launch, there will be an 8% sales tax imposed on transactions, which will later decrease to 5%.

The tax proceeds will be allocated to various essential components of the ecosystem, serving multiple purposes. Specifically, 3% of the tax will be dedicated to buybacks and burns of both $ENET and $EN tokens. This mechanism aims to enhance scarcity and value for both tokens, benefiting all token holders.

Additionally, 2% of the tax will be channeled into the staking wallet, further promoting the staking benefits of both tokens.

Last updated