Change of Tax Utilization

Currently the 5/5% tax is split up such that 4% is sent to LP while 1% is used for TAO purchases per either side of buy or sell. As with previous quorums, the buy and sell tax will have the same proportion of fund distribution, for example, a $TPAD purchase of $100 has a $5 tax. That tax, under an 80/20 split would be $4 and $1 respectively.

While greater macro market trends continue, we're keen to stay flexible and forward looking, as earlier this year we've been taking the time to reassess how taxes should be spent every few weeks. Multiple community members have brought up a convincing rationale for readjustment/reconsideration in order for TaoPad's treasury to best take advantage of these larger market trends and remain competitive.

TaoPad has a vested interest in ensuring all launchpad projects succeed especially in early stages, as such, the focus of this proposal will be towards increased exposure towards purchasing a stake in TaoBank to redistribute to $TPAD holders. As $TPAD holders make up a large proportion of $TBANK, we believe this venture to be worth while. Over the next few weeks, we'll review a more technical financial assessment on its effect.

As mentioned, consider total percentage utilization within the 5% buy or sell tax, delivered weekly as typical for our rewards system.

• Light approaches A) 70% LP, 30% TBANK B) 50% LP, 50% TBANK

• Aggressive focuses C) 25% LP, 75% TBANK D) 100% TBANK