Inactivity Tax

This feature ensures continued deflation and volume farming.

The Inactivity Tax adds a 30% penalty on all inactive wallets. A wallet becomes/is deemed inactive when no eligible MONSTA transaction (>5.01%) was performed within 50 calendar days. See Wallet Reset​
25% of the Inactivity Tax is used to burn MONSTA and 15% is used to buy non-correlated assets (e.g. BNB, CAKE) for the community-owned asset vaults
10% will be refunded to the taxed user in bMONSTA (has to claim via dApp)
5% of the total amount added to the vault is used to buy CAKE for the Eternal Cake Lottery​
The Inactivity Tax can be performed by anyone who sees the opportunity via the dashboard. A reward (2.5% of the inactive wallet's MONSTA balance) is then sent to the Cake Toss pot where it will be distributed amongst players of the next match
If you have been taxed due to inactivity, claim your partial refund of 10% in bMONSTA from the dashboard! If the claim is unsuccessful, please ask for advice in our Telegram Community channel​
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Protocol - Previous

Tax & Deflation

Wallet Reset

Last modified 4mo ago