PayBolt
Dec 4, 2021

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BNBPAY Tokenomics Update: Removing the BUY TAX

Since its inception when BNBPAY was first traded on Pancake Swap, it had a tokenomic tax of 10% for buying, selling, and sending $BPAY.

The idea was 3 fold: deter front running (MEV) bots, reward early investors through reflection and ensure the long-term sustainability of the project.

As BNBPAY evolves from just an idea to the next chapter of its journey: executing on its vision of global adoption as a crypto payment gateway, we feel it is only logical to remove any tax associated with acquiring $BPAY to encourage its usage as a payment.

This will encourage the adoption of users and merchants towards a crypto-centric payment standard, a future where individuals are in control of their money!

James Zhang

CCO

Have a business and want to find out how to get involved?

Sign up at merchant.bnbpay.io

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PayBolt

Web3 crypto payment gateway for commerce that is lightning fast and rewarding!