Reeeny
@reeeny
The first reflection token I invested in and I love the idea of using the treasury on top of the reflections. Now I hope we can farm the volatility as well, so that the community earns no matter if the price goes up, down or sidewalk.
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Chinmay đšī¸đŋ
@chinmay.eth
5% sales tax ??
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Reeeny
@reeeny
Yes, buy and sell tax is what leads to payouts for holders and fills the treasury. If you look at ethprinter.xyz you can see what they are planning to do.
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Chinmay đšī¸đŋ
@chinmay.eth
But why would people buy or sell .... That's something missing. Unless it's pure Memecoin.
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Reeeny
@reeeny
It has characteristics of a Memecoin for sure ("printing ETH"), but I think people might want to join to profit from the treasury, which grows with every buy and sell. I can imagine that people use their reflections to put it back into ETH printer (it's what I have been doing) And people might sell, because they need the liquidity. One of the goals is to establish a node as another source for reflections. There is still a way to go for that.
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