Tax and Rewards Flow
Tax Flow in Cake Panda (CAPA) Meme Nation
Initiation:
A transaction (buy, sell or transfer) occurs within the CAPA Meme Nation.
A 6% tax is applied to the transaction.
Tax Collection:
The tax is collected and sent to the Reservo Chef.
Reservo Chef Activation:
Value of assets in the Reservo Chef exceeds $5,000
An "active citizen" triggers the Reservo Chef.
Threefold allocation process begins
Threefold Allocation:
Assets from the Reservo Chef are divided into three equal segments:
i) Hype deflationary burn
ii) Rewarding with $CAKE tokens
iii) Funding essential activities
Divvy Reservo Transfer:
$CAKE tokens allocated for rewarding are transferred to the Divvy Reservo
Spell Trigger:
The Spell Trigger is activated every two weeks
Accumulated $CAKE tokens in the Divvy Reservo are distributed:
i) 25% is immediately distributed to loyal citizens as Spell Divvy.
ii) 75% is held in the Divvy Reservo for Era Reward.
Era Reward Accumulation:
75% of $CAKE tokens from the Divvy Reservo are added to the Era Reward.
Relaunch Event:
Relaunch event occurs after meeting it's conditions
Assets from the Era Reward are redistributed to citizens
Token supply is reset
New cycle begins
Understanding this intricate tax flow and distribution mechanism provides insights into the governance and economic structure of the meme nation, enhancing transparency and participation for its citizens.
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