๐ Tax Revenue Distro
1% of all buys/sells on the chart are distributed to holders
โก๏ธ Holders of 0.1% (100,000 UB/VUB) supply or more to be credited with VUB through dashboard โก๏ธ Rewards paid once a set amount of tokens are accumulated (currently 500k tokens) โก๏ธ If you hold UB* Tokens (blockchain) = 1x weighting for revenue share % โก๏ธ If you hold VUB* Tokens (Virtual) = 2x weighting for revenue share %
*Example of distribution for 100,000 VUB from trading fees: ๐ข Holder 1 - 1 Million UB Tokens / 0 VUB Tokens = 33,333 VUB Rewards ๐ข Holder 2 - 0 UB Tokens / 1 Million VUB Tokens = 66,666 VUB Rewards โ ๏ธ Revenue share increases with more supply you own, total rewards are divided by the amount of holders in the range of 0.1%+ then shared according to weight of UB/VUB combined โ ๏ธ There is no limit to the amount of wallets you can link to your dashboard that hold UB/VUB tokens, all of these will be calculated together when rewards are distributed. Example: Wallet 1 = 10,502 UB, Wallet 2 = 157,985 UB, Wallet 3 = 72,589 Total would be 241,076 UB Tokens
๐ซ IF YOU DO NOT HAVE A LINKED ACCOUNT THROUGH THE UTOPIA DASHBOARD (https://utopiabot.app/account_settings) YOU WILL NOT RECIEVE ANY REWARDS ๐ซ YOUR DISTRIBUTION WILL BE SHARED ACROSS THE OTHER HOLDERS WHO HAVE CARRIED OUT THE NECESSARY PROCESS - SEE SETTING UP ACCOUNT FOR DETAILS
Last updated