πZimax Token Trading Fees
Last updated
Last updated
The ZIMAX trading fees are designed to ensure a sustainable and profitable ecosystem for all participants. The fees are composed of several components, each serving a specific purpose.
The first component is the BUY TAX, which is a 14% fee that is applied to all buy orders on the ZiMax platform. This fee helps to ensure a steady supply of liquidity and ensure that the buy orders are executed at fair market prices.
The second component is the SELL TAX, which is a 16% fee applied to all sell orders on the platform. This fee helps to ensure that sell orders are executed at fair market prices and also helps to maintain a steady supply of liquidity on the platform.
The third component is the Automatic Liquidity fee, which is a 4% fee on both buy and sell orders. This fee is used to automatically add liquidity to the platform, ensuring that there is always enough liquidity for traders to execute their orders.
The fourth component is the Insurance Wallet fee, which is a 5% fee on both buy and sell orders. This fee is used to fund the ZiMax Insurance Fund, which serves to protect and enhance the value of the $ZMX token for its holders.
The fifth component is the Company Wallet fee, which is a 2.5% fee on buy orders and a 4.5% fee on sell orders. This fee is used to support the development, marketing, and operations of the ZiMax ecosystem.
The final component is the Burned fee, which is a 2.5% fee on both buy and sell orders. This fee is used to reduce the circulating supply of $ZMX tokens, which helps to maintain manageable levels of supply and support the long-term value of the $ZMX token. It's a mechanism that helps to prevent excessive supply, which can negatively impact the price and stability of the token.
In summary, the ZiMax trading fees are designed to ensure a sustainable and profitable ecosystem for all participants. The fees are composed of several components, each serving a specific purpose such as maintaining liquidity, funding the insurance fund, supporting the development of the platform, and reducing the circulating supply of tokens. These fees are crucial for the long-term sustainability and growth of the ZIMAX ecosystem, and they also serve to protect and enhance the value of the $ZMX token for its holders.
