Titano Buy and Sell Fees
Titano buy and sell fees are an important component of the TAP. They provide capital for performing critical functions to the protocol as noted in the Titano Token section of this White Paper.
Other protocols utilize selling bonds to support the same functions as Titano 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 18% for sells) allows Titano to provide $TITANO holders with the stable high yield of 102,483.58% annually.
One additional benefit of the high fees is that Titano is the only token that benefits when Whales dump because the fees collected support $TITANO holders.
Last modified 1yr ago