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Tax & Deflation
The protocol uses a total tax of 5% (2.5% Kitchen, 2.5% Burn).
MONSTA has a total transaction tax of 5% on all buys, sells, and transfers. 2.5% of that is used to replenish the Kitchen vault with MONSTA in order to swap it for the accumulated asset (currently BNB) for the MAV. The other portion of 2.5% is burned and ensures continued deflation of MONSTA supply.
- 1.Add a portion of MONSTA (10%) as liquidity to the LP (50% converted to WBNB, 50% MONSTA)
- 2.Swap MONSTA for vault ASSET X and add to the asset vault