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THE BUY AND SELL FEES
TALETE buy and sell fees are an important component of the TYI. They provide capital for performing critical functions to the protocol.
Other protocols utilize selling bonds to support the same functions as Safuu 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 (15% for buys and 19% for sells) allows TALETE CODE to provide $TALETE holders with the stable high yield of 450,958% annually.
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Buy Trading Fees: 15%
4.0% - LIQUIDITY 2.0% - TIY INSURANCE 3.0% - TREASURY 2.0% - BURN
2.0% - BUSD REWARDS TO ALL THE OWNERS
2.0% - REAL LIFE REWARDS TO ALL THE OWNERS
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Sell Trading Fees: 19%
4.0% - LIQUIDITY 4.0% - TIY INSURANCE 5.0% - TREASURY 2.0% - BURN
2.0% - BUSD REWARDS TO ALL THE OWNERS
2.0% - REAL LIFE REWARDS TO ALL THE OWNERS
Placement:
  • REAL LIFE REWARDS - the first protocol rewards you with monthly prizes, cruises, trips, experiences, NFT and more
  • BUSD REWARDS - the fees (2% buy - 2% sell) go directly to your wallet in BUSD and the fees of the locked $TALETE in our TALETE HYPERBANK
  • LIQUIDITY - Trading fees goes to backing the liquidity of the BNB/TALETE pair on PancakeSwap ensuring an ever-increasing collateral value of $TALETE.
  • TALETE YOUR INSURANCE - Trading fees are stored in the TALETE YOUR INSURANCE Fund which helps sustain and back the staking rewards provided by the positive rebase.
  • TREASURY - Trading fees go directly to the treasury which supports the TYI and provides a marketing budget for TALETECODE and funds new product development.
  • BURN - 4,00 % of all $TALETE traded are burnt in our BIG BURN. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $TALETE and keeping the TALETE CODE stable.
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