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Taxes

The function that helps to balance inflation and also rewards MAXX holders... Forever.

Sell Tax

There is an adjustable tax set in the contract, initially set at 2% for all Sell transactions.
1% of the MAXX token being sold will be instantly burned, adding to our deflationary measures. The other 1% will be sent to the MAXX Vault. Contrary to many DeFi protocols, the vault is not used for leveraged yield-generating strategies but is used to grow and develop MAXX Finance with Dapps and new projects.

Buy Tax

There is an adjustable tax set in the contract, initially set at 2% for all Buy transactions.
1% of the MAXX token being sold will be instantly burned, adding to our deflationary measures. The other 1% will go into the MAXX Vault, and will later be sold back for the other token in the liquidity pair, e.g. MATIC (which will then stay in the MAXX Vault.)
The DAO network will govern the taxes and the community will vote to adjust our dynamic tax between 0-5%
Both the Buy and Sell taxes are hard capped in the contract at a maximum of 5%.
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