Transaction Tax Design

To ensure the stable development of the ecosystem, Turing Cat Coin levies a fixed transaction tax of 3.5% on transaction behaviors, which is agreed upon by both the buyer and the seller.

Purchase tax: 3.5%
1.5% LP dividend: Reward liquidity providers to enhance market liquidity
1% node dividend: Incentivize node participation to ensure network security and stability
0.5% token holding dividend: Rewarding long-term token holders and encouraging token holding behavior
0.5% destruction: Gradually reduce the total amount and enhance scarcity

Sales tax: 3.5%
When selling, the transaction tax is distributed the same as when purchasing to ensure the balanced interests of all parties in the ecosystem.
1.5% LP dividend
1% node dividend
0.5% cash dividend
0.5% destroyed

Daily bottom pool burning 10% :

8% of it is directly sent to the death address 0x000... dead destruction continuously reduces the market circulation volume

1.5% Node shareholder dividend:

Reward node shareholders to enhance the vitality of the project ecosystem

0.5% cash dividend in domestic currency:

Rewarding all cash holders, covering both the primary and secondary markets

Core technology

1. Deflationary issuance mechanism

The Turing Cat Coin achieves extreme scarcity through an initial issuance of a total of 100,000 pieces, gradually deflating to a final 1,000 pieces. The deflationary mechanism, combined with trading burn and daily pool burning, ensures a continuous decline in the total market volume, thereby supporting the long-term growth of the coin price and the value of the coin holders.

2. Intelligent transaction tax allocation

A fixed transaction tax of 3.5% is charged for each transaction (buy or sell), which is intelligently allocated for different purposes:
LP dividend (1.5%) : Reward liquidity providers to ensure stable market liquidity
Node dividend (1%) : Incentivizes nodes to participate in network maintenance and governance
Coin holding dividend (0.5%) : Reward long-term coin holders to enhance user loyalty
Destruction (0.5%) : Reduce circulation volume and enhance scarcity
Ensure the fair and efficient operation of the ecosystem through automatic allocation via smart contracts.

3. The daily bottom pool automatically deflates

Turing Cat introduces a daily bottom pool automatic deflation mechanism:
Every 24 hours, 10% of the total amount of the bottom pool is burned, of which 8% is sent to the death address for permanent destruction
1.5% will be allocated to node shareholders and 0.5% to token holders
This mechanism reduces the circulation volume while achieving a passive spiral increase in the coin price and a synchronous growth in the returns of coin holders.

4. Multi-level dividend system

Turing Cat builds a three-tier dividend system:
LP dividend: Liquidity providers share trading profits
Node dividend: Reward network nodes to ensure system security and stability
Token dividend: Long-term token holders share the value increment brought by deflation and trading
This multi-level dividend design not only incentivizes ecosystem participants but also ensures that every type of stakeholder can benefit from the growth of the currency, achieving sustainable development.

RouteMap

Phase 1
  • • The Turing Cat white paper was released to clarify the economic model and deflation mechanism
    • The total initial issuance is 100,000 Turing Cat Coins
    • Launch the first batch of decentralized exchange (DEX) trading
    • Build a basic community to attract early coin holders
Phase 2
  • • Launch a multi-level dividend system: LP dividends, node dividends, and token holding dividends
    • Launch a node incentive program to attract nodes to participate in network governance
    • Establish a daily bottom pool automatic deflation mechanism to achieve passive coin price growth
    • Expand the community size and establish an official community and governance forum
Phase 1
  • • Support Turing Cat Coin payment in the NFT and digital collectibles ecosystem
    • Develop more decentralized applications (Dapps) and enrich the usage scenarios of currencies
    • Engage in strategic cooperation with other BSC projects and ecosystem partners
    • Promote the implementation of the income mechanism for coin holders in the secondary market
Phase 4
  • • Complete total deflation to the target of 1,000 pieces and achieve ultimate scarcity
    • Expand to global mainstream trading platforms to achieve cross-border circulation
    • Promote the decentralization of ecological governance and achieve community self-governance and the delegation of decision-making
    power • Carry out global market promotion and cooperation to create Turing Cat as a benchmark deflationary token