Buy/Sell Tax

BUIDL Buy and Sell Tax.

BUIDL buy and sell fees are an important component of the BAP. They provide capital for performing critical functions to the protocol as noted in the BUIDL Token section of this White Paper.

Other protocols utilize selling bonds to support the same functions as BUIDL fees, but we believe that approach is riskier because if bonds are not purchased, the token can lose its support and spiral downward in price as we have seen with several of these bond based protocols.

Selling bonds also costs token holders. It reduces the amount of APY that can be offered and eliminates the ability to offer a stable APY.

The amount of the fees (13% for buys and 15% for sells) allows BUIDL to provide $BUIDL holders with the stable yield of 526.5% annually.

One additional benefit of the high fees is that BUIDL is the only token that benefits when Whales dump because the fees collected will support $BUIDL holders.