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!
Have a business and want to find out how to get involved?
Sign up at merchant.bnbpay.io