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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.
Last modified 6mo ago