InvestorsHub Logo

xZx

Followers 1270
Posts 80968
Boards Moderated 4
Alias Born 02/17/2005

xZx

Re: lakers17 post# 189

Monday, 05/02/2022 5:49:26 PM

Monday, May 02, 2022 5:49:26 PM

Post# of 602
my understanding is you can avoid paying all reflection taxes on any SD token by holding at least .001 ROX in the wallet making purchases.

FOOK has a 25% reflection tax, BurnIT is 40%. others have more or less.

and people new to SD may misunderstand and think all SD tokens have high reflections or high taxes, and this is incorrect.

when the token is created, any tax from zero to whatever the upper end is, can be selected.

https://deployer.fegex.com/

while anyone can create their own token, it's not a simple undertaking. huge mistakes can be made that render it worthless, especially with asset backing. so i am cautious when posting a link to the deployer.

i did in this case just to show people how the sliders work for the taxes. here's a video that goes over the process:



i'd much rather own a token created by a seasoned crypto dev than launch my own.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.