The initial tax is set as follows:
  • 0% on buys
  • 10% on sells
The funds generated from this tax are being 100% invested back into the FrenChain Ecosystem:
  • A portion goes towards Treasury
  • A portion toward Team Expenses
The funds in our Treasury will be used to help grow the ecosystem, covering costs such as:
  • The Grants program
  • Marketing
  • Liquidity - bridge and exchanges
  • Incentive programs
  • Community rewards
The funds directed toward Team Expenses will help pay for:
  • Team wages
  • Development costs
  • Infrastructure costs
Frenchain Mainnet will be tax-free.
After Mainnet comes online taxes listed here will be revised and reduced.