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SAV3SAV3by0xfAa349722489F1c6aBdC93D36d2e91DAfd735F9F0xfAa3…5F9F

Token Swap on SAV3 Platform Launch

Voting ended about 5 years agoSucceeded

Here's the thing, SAV3 Platform Launch is expected in two months' time and It'll definitely increase the value of the token.

But as days pass by, the SAV3 token is getting more and more stable. That means, when the platform launches and people ape in hundreds of ETH, the price will still be in cents and won't increase as much as it should because of the liquidity locked.

Also, 8% tax for every transaction after the platform launch is unnecessary and people hesitate to buy SAV3 just because of the tax rate.

Here's my proposal. Before the platform launch, a 1:1 Token Swap with a total supply of the new token is circulating supply of the SAV3 token including liquidity provided by people.

Reduced tax rates - In the new token, there shouldn't be a tax for buyers. but a 4% tax for sellers and 2% goes to LP and 1% goes to burn and 1% Liquidity Locked forever. (This can be discussed further)

This way, the token will be volatile and the platform launch will have a positive and true impact on the price and helps in the long term.

Tim, don't let SAV3 die. Do whatever it takes.

Off-Chain Vote

Yes!
402.05K 93.6%
No!
27.54K 6.4%
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Timeline

Nov 29, 2020Proposal created
Nov 29, 2020Proposal vote started
Dec 05, 2020Proposal vote ended
Oct 26, 2023Proposal updated