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LittleGhostsLittleGhostsby0x65C3E23C67326f94aCd9ff12e61c3dBeEa5B0F1E0x65C3…0F1E

Remove ECTO buy/sell tax

Voting ended about 3 years agoSucceeded

As the Phantasma game demo and GhostSwap continue toward release, things are looking fantastic around the Ghost Labs ecosystem. One thing that is a little outdated is the buy/sell tax on $ECTO. Though not much has changed with the use case of $ECTO, the higher taxes make it difficult for trading, transferring, and for normal or increased volume.

PROPOSAL: Reduce $ECTO buy/sell taxes drastically or remove them entirely.

Pros:

  • Easier to get more trading volume.
  • Volume up, more eyes on project.
  • Many buyers will not be so hesitent to enter when 22-23% is needed to break even.
  • Get tracked on CoinMarketCap again when our volume is sustained at slightly higher levels.
  • Increased investor confidence

Cons:

  • $ECTO - $BUSD rewards will be no more

please vote for the option you feel is best for Ghost Labs and the ecosystem. If you have another idea, please post it in our Telegram or Discord.

Off-Chain Vote

Remove $ECTO buy/sell taxes
2.52K VP90.2%
Reduce $ECTO taxes to 3% buy and 3% sell
231.66 VP8.3%
No Change or Other (post thoughts in tg/discord)
40.18 VP1.4%
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Timeline

Feb 18, 2023Proposal created
Feb 18, 2023Proposal vote started
Feb 25, 2023Proposal vote ended
Oct 26, 2023Proposal updated