💰Tax and Revenue Distribution
The Copycat DAO platform has two distributions: one for taxes to fund copy trading, and another for revenue from copy trading. The tax distribution is applied to CCD token transactions, while the revenue distribution comes from copy trading.
Taxation
Transactions involving CCD tokens will be subject to a tax rate of 5% per buy and sell. The revenue generated from this tax will be used to fund copy trading, platform development, marketing, team, and other initiatives that support the growth of the platform. The allocation of revenue from the tax rate will be split in the following ways:
50% for Copy Trading Treasury: Half of the tax allocation will fund copy trading initiatives on both centralized exchanges and decentralized protocols. This will allow the DAO to leverage the experience and expertise of successful master traders and generate daily ROI.
50% for Project Development Treasury: The remaining 50% of the revenue will be used to fund marketing, team, and platform development initiatives, including new features and improvements to existing ones.
Copy Trading ROI
The revenue generated through successful copy trading will be split as follows:
50% compounding copy trade treasury
Half of the revenue generated will be reinvested in copy trading initiatives. This will enable the DAO to leverage the experience and expertise of successful master traders even more effectively.
50% for DAO dividend payout
There are a few possible methods we use in combination with buybacks.
Buyback and burn: A portion of the revenue will be used to buy back and burn CCD tokens, reducing the circulating supply and increasing the value of the remaining tokens.
Buyback and provide liquidity: A portion of the revenue will be used to buy back CCD tokens and provide liquidity for the CCD-ETH pair on Uniswap.
Buyback and provide for staking provision: A portion of the revenue will be used to buy back CCD tokens and provide them for staking provision, incentivizing CCD holders to participate in the platform and earn rewards.
It is important to note that the buyback, combined with other mechanisms, aims to increase the token's market cap and make it more attractive to potential buyers. This, in turn, supports the long-term growth and sustainability of the DAO. The dynamic tax rate and ROI allocation distribution can be dynamically adjusted through DAO governance voting.
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