Forge Finance
Search…
πŸ”ƒ
Buy/Sell Tax
These numbers are not set in stone and are subject to minor changes as we see fit.

Buy Tax: 7%

6% => Direct Buyback on $GUARD ($GUARD Sent to a Treasury Wallet) 1% => Swap & Liquify Buyback ($BNB Sent to a Separate Farming/Treasury Wallet)

Sell Tax: 7%

6% => Direct Buyback on $GUARD ($GUARD Sent to a Treasury Wallet & Compounded) 1% => Swap & Liquify Buyback ($BNB Sent to a Separate Farming/Treasury Wallet)
​

Taxes FAQs:

=> How does the 7% buy/sell tax work?

Let's use an example to clarify: => An investor buys 100 $FORGE tokens => Investor receives 93 $FORGE tokens due to the 7% tax => 7 total tokens are sent to the contract * 7 tokens are automatically converted into $GUARD tokens and sent to a treasury wallet * 0 tokens are sent to the contract. Every "x" period of time, the contract sells small amounts of tokens collected and converts them into $BNB. This $BNB is sent to a separate treasury wallet.

=> Why an auto-buyback on $GUARD?

Great question! Let us explain:
Guardian token ($GUARD) is a treasury asset that was launched by the Wolf Den over 8 months ago. Since it's inception $GUARD has grown at an incredible rate, with zero marketing, utilizing the same concepts & underpinnings we are aiming to provide in $FORGE. It has proven itself as a STRONG store of value, and is likely one of the more underrated projects in DeFi.
That being said, we wanted to provide opportunities to earn this valuable asset for free simply by holding $FORGE and taking part in the NFT staking/farming systems we develop. Broad strokes are that you will be able to use $FORGE tokens to mint a seasonal NFT which earns you a % of the $GUARD treasury wallet every month. More details to come when we deem appropriate.

=> Is there a transfer tax for moving my $FORGE wallet to wallet?

Yes. Due to the nature of blockchain technology and how smart contracts work, every transfer of $FORGE tokens from one wallet to another will incur the 7% tax. Please note this before moving things around!

=> Do I incur a tax when I add/remove liquidity?

Yes. Since adding OR removing liquidity is a transaction interacting with our contract the fees will be applied. This incentivizes people to stray away from making more erratic moves in and out. The greedy and the erratic will pay the price. Those who "Gold Mine & Chill", will benefit from their erratic behavior =) Just the way it should be.
​