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Taxation
Rewards Claim | Tax Percentage |
0-10 Days | 30% |
11-20 Days | 20% |
21-59 Days | 10% |
60+ Days | 2.5% |
Sell Tax:
Day 1 will start with a 30% sales tax that will decay by 2.5% each day until it reaches 10% where it will remain. See more in The Tokenomics
Transfer Tax:
0%
Merge Tax/Merger Fee:
Paid in $DOUB:
Rowboat -> Sloop = 0.4416
Sloop -> Brigantine = 1.1424
Brigantine -> Galleon = 10.15392
E.g. Number of Rowboat nodes required to upgrade a Rowboat(3) = Sloop(3) / Rowboat(1)
E.g. Merging Rowboat nodes to a Sloop will cost an additional 20 * 3 * 0.0074 = 0.44 $DOUB.
All merger fees have an approximate ~15 Day ROI once upgraded
Compound Tax:
0%
The NFT collection provides additional benefits to nodes by reducing taxations and/or the duration of a taxation bracket.