24-Hour Anti-Dump Mechanics

For anti-dump mechanisms to work, the penalties for heavy withdrawals should scale with the size of the withdrawal. If this is not the case, the static fees for selling a large amount of tokens in a single transaction stops becoming a penalty as the profit from selling the token increases.

With Rewardeum, the values below are paid in addition to the 15% compulsory transaction tax. The additional tax applied to sells increase with the proportion of the total supply sold over a 24 hour period:

• < 0.02% of supply per 24h = + 2%

• 0.02% - 0.05% of supply per 24h = + 5%

• 0.05% - 0.1% of supply per 24h = + 10%

• > 0.1% of supply per 24h = + 20%

However, there is no max cap on how many tokens an investor can sell in a single transaction and all are free to sell as many tokens as they want, as often as they want with the extra tax rates above applied where appropriate.

In many similar tokens the mechanic is far less ambitious. For example, in many, if you hold 0.5% of the total supply and you wish to sell all of your tokens, you could just sell 0.01% 50 times (0.01% * 50 = 0.5%), in an attempt to minimise the tax incurred when selling your holdings. This is an obvious loophole which people will exploit in order to evade the additional tax tranches.

Our mechanism aims to eliminate this loophole by adding a 24h sell detector to apply necessary taxes.

For example:

In Rewardeum, the first two sells of 0.01% (total = 0.02% sold) within a 24 hour period will be subject to an additional 2% tax (17% total) per transaction.

The next three sells of 0.01% (total = 0.05% sold) within the same 24 hour period will be subject to an additional 5% tax (20%) per transaction.

The next five sells of 0.01% (total = 0.1% sold) within the same 24 hour period will be subject to an additional 10% tax (25%) per transaction.

and so on....

After 24 hours have elapsed from the first sell transaction, the tax rate resets back to the initial basic rate until the Anti-Dump Mechanics are triggered once again.