Tax Mechanism

Looted token has a 4% tax on buys and sales, to maintain the development of games as well as the marketing of $LOOT and the platform itself.

A long-term goal is to decrease, and remove this tax once the site has more games. Thus the project can keep itself sustainable through the buybacks and TVL.

This tax has allowed us to accrue a treasury of over $100,000 since launch, which can be tracked from the blockchain. We are actively arranging marketing, partnerships, and listings while expanding our ecosystem.