• OUR MISSION •
Our team at Equity has recognized the need for the traditional type of savings account offered at banks to be brought to the Decentralized Finance (DeFi) space. While we are not a bank, our tokenomics can offer you much greater rewards than a typical high interest savings account. Our variable buy and sell tax* is returned to all holders via reflections paid automatically in a user selectable coin. We use a slightly higher than normal gas fee on each transaction to pay for the gas for the rewards payout. 100% of the transaction tax is returned to holders via this method.
Unlike a traditional savings account, Equity can also be used as a method of peer-to-peer (P2P) payments with a 0% wallet to wallet transfer tax. Our goal with this is to enable everyone that holds Equity to recover the tax through rewards. An LP tax is not required to keep the LP funded, the rewards will add Equity to the LP every pay out.
We are not using a portion of the taxes to fund any team or marketing wallets. Our team and marketing are paid the same rewards as all other holders and these are how we fund the project. The team holds no tokens, the project holds no tokens, we receive only reflection tracking tokens that have no tradeable value.
Tax rate and reflection token can be selected via our dashboard. The chart below shows tax rates and reflection amounts.