Topic: Unibot Tax Rate (Read 57 times)
I've got 22.4 Unibot tokens . Anyone knows if there's any way I can get a share of the revenue ? Or do I need 50 tokens minimum ?
Unibot is a rebase token, which means holders will be sharing some percentage of the transaction fee and also some part of the trading fee by just holding the token in their wallet without doing anything. The reward is automatically credited to your existing balance.
Such type of token is not good for buy and selling immediately, as you will spend few of the token for Buying as Tax and few when ever you also want to sell as Tax even when you want to send out the token to another different wallet some percentage is also being deducted which i don't really know the actuall percent some rebase token tax is as high as 12-20% from the transacting amount.
So if you want to make some profit from such a token, you have to consider holding it for a very long period of time until it has given you enough daily generated profit.
But mind you, when investing, always proceed with caution, as most rebase tokens, no matter how high their market cap and trading volume appear to be, can lose value in an instance when the supply of the token increases very well in the market, which most times can easily trigger a market dump. You might have many of the tokens, but they will be less valued compared to the price that they were at when you entered the market.
Such type of token is not good for buy and selling immediately, as you will spend few of the token for Buying as Tax and few when ever you also want to sell as Tax even when you want to send out the token to another different wallet some percentage is also being deducted which i don't really know the actuall percent some rebase token tax is as high as 12-20% from the transacting amount.
So if you want to make some profit from such a token, you have to consider holding it for a very long period of time until it has given you enough daily generated profit.
But mind you, when investing, always proceed with caution, as most rebase tokens, no matter how high their market cap and trading volume appear to be, can lose value in an instance when the supply of the token increases very well in the market, which most times can easily trigger a market dump. You might have many of the tokens, but they will be less valued compared to the price that they were at when you entered the market.
I've heard so much about the unibot token. Although I never got to know that its rebate token but its been on the lips of some influencer group as a token to look out for and also a token to have in one's portfolio. Once you do your own research about it, you won't have a hard time holding for long if all your boxes for investing are being ticked. The tax shouldn't deter anyone from buying as long as your financial projection works well for you.
You can check their docs for more information: https://learn.unibot.app/
It's not a rebase token like OlympusDAO etc. The fees you receive for holding the token is the revenue share from the tax and from the bot usage; pretty much like stock dividends. The way Unibot does it is just the fact that you don't need to use a stake function like how most tokens do it.
Unibot is a rebase token, which means holders will be sharing some percentage of the transaction fee and also some part of the trading fee by just holding the token in their wallet without doing anything. The reward is automatically credited to your existing balance.
It's not a rebase token like OlympusDAO etc. The fees you receive for holding the token is the revenue share from the tax and from the bot usage; pretty much like stock dividends. The way Unibot does it is just the fact that you don't need to use a stake function like how most tokens do it.
I see no mention of a rebase on their page... and I think I heard you needed a minimum of 50 Unibot tokens to be elegible to receive shared fee revenue. Also I see the suppy is fixed at 1 million... which partly explains the current price action. I bought rebase tokens before ( Sphere finance ), trust me, they tend to advertise this feature all over their page to lure in new buyers. With Unibot, is basically the innovation of a new product that fits a demand in the market that attracted me, and it already has a growing user base and revenue stream ( unlike other projects ). Crazy price action doesn't hurt !
Unibot is a rebase token, which means holders will be sharing some percentage of the transaction fee and also some part of the trading fee by just holding the token in their wallet without doing anything. The reward is automatically credited to your existing balance.
Such type of token is not good for buy and selling immediately, as you will spend few of the token for Buying as Tax and few when ever you also want to sell as Tax even when you want to send out the token to another different wallet some percentage is also being deducted which i don't really know the actuall percent some rebase token tax is as high as 12-20% from the transacting amount.
So if you want to make some profit from such a token, you have to consider holding it for a very long period of time until it has given you enough daily generated profit.
But mind you, when investing, always proceed with caution, as most rebase tokens, no matter how high their market cap and trading volume appear to be, can lose value in an instance when the supply of the token increases very well in the market, which most times can easily trigger a market dump. You might have many of the tokens, but they will be less valued compared to the price that they were at when you entered the market.
Such type of token is not good for buy and selling immediately, as you will spend few of the token for Buying as Tax and few when ever you also want to sell as Tax even when you want to send out the token to another different wallet some percentage is also being deducted which i don't really know the actuall percent some rebase token tax is as high as 12-20% from the transacting amount.
So if you want to make some profit from such a token, you have to consider holding it for a very long period of time until it has given you enough daily generated profit.
But mind you, when investing, always proceed with caution, as most rebase tokens, no matter how high their market cap and trading volume appear to be, can lose value in an instance when the supply of the token increases very well in the market, which most times can easily trigger a market dump. You might have many of the tokens, but they will be less valued compared to the price that they were at when you entered the market.
Hey guys !
I FOMOd into Unibot not realizing they have a sell tax rate ! Does anyone know about this ? It's still a fairly new project so I'm not afraid I will lose my money but the tax rate may certainly eat into my profits !
I FOMOd into Unibot not realizing they have a sell tax rate ! Does anyone know about this ? It's still a fairly new project so I'm not afraid I will lose my money but the tax rate may certainly eat into my profits !
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