Excavate Finance

Taxation System

  • Taxes in Excavate finance are dynamic in nature and apply to deposits, withdraws and rewards.
  • Its main purpose is to ensure a better protocol sustainability and helps power the leaderboard system.
  • Taxes have upper and lower limits to ensure predictability in how much an event can be taxed.
  • Taxes are decided by the DAO members in conjunction with the policy makers of Excavate Finance.