APYLAND Buy & Sell Fee
The Apyland Fee is an important component for the sustainability of the APA protocol.
They provide liquidity to perform protocol-critical functions.
Other protocols use bond selling to support the same functions as Apyland fees, but we believe the approach is riskier because if the bonds are not bought, the token can lose its support and decrease in price as we have seen with many of these bond-based protocols.
Selling bonds also costs token holders. It reduces the amount of APY that can be offered and eliminates the possibility of offering a stable APY. The commission amount (14% for purchases and 16% for sales) allows Apyland to provide $APL holders with the stable high yield of 1,016,188.89% per annum.
————————— ♥️ BUY FEE 14% —————————
🛡 5% INSURANCE FUND 🏦 2.5% BUY TREASURY 🔥 1.25% BURN 🎮 1.25% REWARD WALLET 🌊 4% LIQUIDITY POOL
————————— 💚 SELL FEE 16% ————————— 🛡 5% INSURANCE FUND 🏦 4.5% SELL TREASURY 🔥 1.25% BURN 🎮 1.25% REWARD WALLET 🌊 4% LIQUIDITY POOL
⚠️ IMPORTANT ⚠️ If you see on sniffer sites more sell tax then expected it does not show wrong tax. The reason that is shows different tax is due to price movement from your swapback, which is amplified by low liquidity.
In other words, when the honeypot sells tokens back, the tax collected from the purchase is sold before honeypot's wallet. This moves the price down, and lowering the amount of BNB the honeypot gets for its tokens. Due to low liquidity, the price moves quite a bit hence the high sell tax, so we confirm that the sell tax are 16%