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Buttpay, on Solana, rewards holders with BUTTHOLE from a 10% transaction tax, while burning 5% with every transaction, making it deflationary.
Buttpay, a Solana-based token, uses a 10% transaction tax to reward holders in BUTTHOLE, varying with the amount held. With a 5% burn per transaction, it maintains a deflationary model. Reward distribution is swift, occurring every 5 minutes on the Revshare.dev launchpad.
Buttpay, a Solana-based token, uses a 10% transaction tax to reward holders in BUTTHOLE, varying with the amount held. With a 5% burn per transaction, it maintains a deflationary model. Reward distribution is swift, occurring every 5 minutes on the Revshare.dev launchpad.
Buttpay is a reward token operating on the Solana blockchain. It employs a unique transactional tax mechanism where 10% of each transaction is redistributed as rewards in another memecoin called BUTTHOLE. These rewards are dependent on the amount of BUTTPAY a holder possesses. Buttpay also incorporates a deflationary feature by burning 5% of the transaction fee, effectively reducing the token supply over time.
Holding BUTTPAY tokens allows participants to earn rewards in the form of BUTTHOLE tokens, distributed every 5 minutes. Additionally, the deflationary nature of Buttpay, due to the 5% burn of the transaction fees, may increase the value of the remaining tokens over time by reducing supply, ultimately benefiting long-term holders.
Unlike many reward tokens, Buttpay's transactional tax on the Solana blockchain incurs a 10% tax per transaction, uniquely redistributing it in the form of another memecoin, BUTTHOLE. The deflationary component, burning 5% of fees, sets it apart from other tokens that might not have a similar supply reduction mechanism, potentially enhancing its scarcity and value.
Buttpay was launched on the Solana blockchain because of Solana's fast transaction speeds, which ensures rapid distribution of rewards to token holders. This fast-paced transaction capability enhances user experience, making processes seamless and efficient for holders wanting to benefit from Buttpay's reward system.
Users might encounter challenges related to transaction fees or slower reward distribution if the Solana network experiences congestion. To resolve such issues, ensuring you have a stable internet connection and staying informed about the Solana network's current status can help mitigate disruptions in the rewards process.
Revshare.dev’s launchpad played a pivotal role in the launch of Buttpay, providing a platform for its initial distribution and establishing its presence within the Solana ecosystem. This partnership with Revshare.dev ensures that Buttpay benefits from a well-supported launch environment, promoting confidence and security among early adopters.
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