💹How it works ✅

An explanation of the protocol's unique functionality

On launch

1. Buy tax with a dead line only at launch, algorithmically decreases after 2 hours to 0

2. The initial buy tax is the capital raise for the team operations & marketing; sell tax can only be reflected or distributed amongst holders. The initial buy tax is essential for supplementary marketing and team expenses ranging from social media management to development, etc.

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2 hours post launch & onwards

Sell tax is governance-less, the contract is capable of knowing the sell pressure and changes it algorithmically via a bonding curve

1. Sell taxes ranges from 0 to 30%, depending on the sell pressure.

2. Taxes are automatically swapped into wstETH, providing yield even when not claimed by investors

3. 30% is the ceiling on the sell tax:

a) 100% sell pressure in 1 hour window spikes the sell tax to 30%

b) 30% sell pressure in 1 hour window = 9% sell tax

c) 10% sell pressure in 1 hour window = 3% sell tax

tiny for the vibes

1. Hold $SOAK ☝️😌

2. Absorb 100% of all taxes proportionate to your holdings👌😮‍💨

3. Gain WstETH 🤝😬

4. Earn APR compounded on your WstETH ✍️🥸

5. Claim at anytime 🤭🤘

The first ever revenue sharing program that works for everyone

Twitter: https://twitter.com/SoakFinance

Telegram: https://t.me/soakfinance

Website: https://www.soak.finance/