Tax Distribution

Description of the fine-calculated taxing strategies that are beneficial to GoCoin holders and the entire development of GoCoin ecosystem.

1% Tax Distribution Chart

Tax Distribution

In the GoCoin taxing strategy, burning is adopted to enhance token scarcity and to benefit token holders.

1. Burn (1%)

1% of GoCoin is burned in every transaction, hence enhancing the scarcity and price of GoCoin. This will create continuous deflation which is in general beneficial to holders!