Reflection
1% tax
From every MBIRD transaction made, 1% will be automatically redistributed to all existing holders. This is another great way for passive income besides mining them in the staking pool or liquidity farm, expanding possible strategies even more for holders to maximize their returns.
We think this is essential part of the puzzle for long term holders, because after all MBIRD are mined (+7 years since start block), there will still be interest for holding the tokens as passive income comes with it.
The interesting thing here is that when the last MBIRD is mined, there will be no incentive for users to provide liquidity, but at that point it won't matter because all the volume generated in those years would have added tons of automatic liquidity for the prosperity of the protocol..
Last modified 6mo ago