Sales Tax

A base rate of 3% tax applies to all buy and sell transactions of CBC. However, by holding a CBC NFT, you can benefit from a discount on these transaction fees. The exact discount rate is determined by the type of NFT you hold, enhancing the value of being an NFT holder within our ecosystem.

10% of the collected tax will be directed to the B&LP (Buy and Liquidity Provision) pool. After this, the remaining tax will be divided equally: 50% will be distributed across the NFT pools, and the other 50% will be allocated to the tax pool. This structure ensures broad benefits within our community.

The sales tax applies solely to buying and selling CBC tokens and does not extend to transactions involving the sending or receiving of CBC to or from wallets.

It is important to note that while sales tax is exempt for wallet transfers, network fees may still apply for these transactions. These network fees are standard charges associated with processing transactions on the blockchain network and may vary based on network congestion and other factors.