22.5% Dumper Tax

Dumper Tax (22.5% as voted)

The Dumper tax is an anti-dump and anti For-Profit Liquidity theft feature built into the token contract that penalizes irresponsible profit taking by dumping more than 33% of holdings in one transaction. See more about this topic below

For-Profit Liquidity Theft

Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit. Our Contract has a "Dumper" tax that raises sell taxes to 22.5% if selling more than 33% of the wallets LOF holdings in one transaction. The arbitrage bot attempts, end up donating any profit they stood to make, plus more, back to our holders in the form of taxes. Below is the screenshot of the transaction the day it happened. Keep in mind the BNB dollar amount on bscscan.com fluctuates with the value it is the day you look at the link. If BNB value is higher than $384 when you click the link you will see a higher dollar amount in BNB. This arbitrage attempt ended up causing the thief a $112 LOSS and a LOF holder GAIN. We call this the Robin Hood Function 😉 https://bscscan.com/tx/0x866ba32d712cab3ed5b611849f45e74c4dcdcc8a5d193b35c16f91c15eeab1dc

There is nothing stopping anybody from selling. Sell in amounts smaller than 33% of your holdings to avoid this fee on the majority of your holdings.

Example of wallet holding 100,000 LOF selling 100%

Transaction #	Balance	Amount Sold	Tax Paid
1	100,000	32,000 (32%)	4,800 (15%)
2	68,000	21,760 (32%)	3,264 (15%)
3	46,240	14,796.8 (32%)	2,219.52 (15%)
4	31,443.2	10,061.82 (32%)	1,509.27 (15%)
5	21,381.38	6,842.01 (32%)	1,026.3 (15%)
6	14,539.37	4652.60 (32%)	697.89 (15%)
7	9,886.77	9,886.77 (100%)	2,224.52 (22.5%)
	0	0	Total Tax Paid
			15,741 (15.74%)

If you want the % to be closer than 15% you can continue past 7 transactions, this is only an example.

The dumper tax % can be changed via the token contract if proposed by the holders in our governance portal. If selling less than 33% of holdings, the tax is only 15%.