💰 Transaction Fees

myXXX tokens have a transaction fee of 1.2%, which is divided as follows:

• 1.0% for reflows

• 0.2% for buyback and burns of MyS

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🔴 Calculation:

Key

• Transaction fee: tF

• Reflow fee: rF

• DAO fee: dF

• Amount Transferred: aT

​

tF = rF + dF

tF=rF+dF​

rF = aT * 100 / 10,000 => 1%

dF = aT * 100 / 10,000 => 0.2%

By holding MyS, fees can be reduced to 1.0% (the amount depends on the actual supply and a variable amount set by the DAO) - fees are broken down as follows:

• 0.9% for reflows

• 0.1% for buyback and burn MyS

With the fee reduction of the fee reducer, the transaction fee can be reduced to 0.6%:

• 0.5% for reflows

• 0.1% DAO fee