Planet Zephyros
Planet Zephyros is more than a planet in the Planet ETN galaxy. Tokenised on Electroneum and tradeable on ElectroSwap, it's deflationary $CORE token uses dynamic taxes via swaps and NFT activity, burning CORE with every ecosystem transaction.
Tokenomics
Initial Supply
Total: 1,000,000 CORE
Initial Liquidity
98% of total supply (980,000 CORE) paired with $2,500 worth of Electroneum (ETN).
Taxes on DEX Trades
Taxes apply when buying (receiving CORE from the pool) or selling (sending CORE to the pool). Regular transfers between wallets have no tax.
How Taxes Change
- Taxes start high and decrease automatically as supply drops (burns).
- Every 2.5% reduction of the original supply reduces the tax rate.
- Taxes stop decreasing once supply reaches 75% for buys and 50% for sells of the original amount of CORE.
Tax Split
- 80% of collected tax is burned (permanently removed).
- 20% goes to the team’s tax wallet.
Buy Tax (When Buying CORE)
- Start: 5% (you get 95% of purchase amount).
- Lowest: 0% at 75% supply (≤ 750,000 CORE).
- Decrease: Drops by 0.5% for every 2.5% supply reduction.
Sell Tax (When Selling CORE)
- Start: 10% (you keep 90%).
- Lowest: 2% at 50% supply (≤ 500,000 CORE).
- Decrease: Drops by 0.4% for every 2.5% supply reduction.
- Effect: As tokens are burned, taxes decrease → cheaper trades over time.
Examples
- Buying at Start (100% supply):
Pay 1,000 CORE → Receive 950 CORE, 40 burned, 10 to tax wallet (5% tax). - Selling at Start:
Sell 100 CORE → 10 taxed (8 burned, 2 to wallet), receive ETN for 90 CORE (10% tax). - Buying at 3 quarter Supply (75%):
Pay 1,000 CORE → Receive 1000 CORE. - Selling at Half Supply:
Sell 100 CORE → 2 taxed (1.6 burned, 0.4 to wallet), receive ETN for 98 CORE (2% tax).
CORE Tax Schedule
Below is the tax schedule for buy and sell taxes,
with sell tax flooring at 2% (200 bps) at 50% supply:
NOTE: 80% of all tax is burning the total supply.
| Supply % | Total Supply (CORE) | Steps | Buy Tax (%) | Sell Tax (%) |
|---|---|---|---|---|
| 100 | 1,000,000 | 0 | 5.0 | 10.0 |
| 97.5 | 975,000 | 1 | 4.5 | 9.6 |
| 95 | 950,000 | 2 | 4.0 | 9.2 |
| 92.5 | 925,000 | 3 | 3.5 | 8.8 |
| 90 | 900,000 | 4 | 3.0 | 8.4 |
| 87.5 | 875,000 | 5 | 2.5 | 8.0 |
| 85 | 850,000 | 6 | 2.0 | 7.6 |
| 82.5 | 825,000 | 7 | 1.5 | 7.2 |
| 80 | 800,000 | 8 | 1.0 | 6.8 |
| 77.5 | 775,000 | 9 | 0.5 | 6.4 |
| 75 | 750,000 | 10 | 0 | 6.0 |
| 72.5 | 725,000 | 11 | 0 | 5.6 |
| 70 | 700,000 | 12 | 0 | 5.2 |
| 67.5 | 675,000 | 13 | 0 | 4.8 |
| 65 | 650,000 | 14 | 0 | 4.4 |
| 62.5 | 625,000 | 15 | 0 | 4.0 |
| 60 | 600,000 | 16 | 0 | 3.6 |
| 57.5 | 575,000 | 17 | 0 | 3.2 |
| 55 | 550,000 | 18 | 0 | 2.8 |
| 52.5 | 525,000 | 19 | 0 | 2.4 |
| 50 | 500,000 | 20 | 0 | 2.0 |
| <=50 | <=500,000 | 20+ | 0 | 2.0 |
