A comprehensive Guide to Taxation of the Worldwide Protocol

In the dynamic world of cryptocurrencies, the Worldwide Token Protocol is making waves with its innovative approach to taxation. As we embark on this exciting journey, it is essential to understand the taxation mechanisms that govern the distribution of rewards and contribute to the sustainability and growth of the protocol. In this comprehensive guide, we will delve into the intricacies of the Worldwide Token taxation system, shedding light on the various tax distributions on buy transactions, sell transactions, and transfer tax.

Tax Distributions on Buy Transactions:

On every buy transaction, a 10% tax is applied, and this amount is automatically distributed to various vital components of the protocol, ensuring a well-balanced and rewarding ecosystem.

• 0.5% is Vaporized Automatically (sent in $WORLD) to enhance the scarcity and value of the token.
• 1.5% is allocated to the Liquidity Pool, bolstering liquidity and supporting the seamless functioning of the protocol.
• 2% is allocated to the BBV (Buy Back and Vaporize) wallet, strategically designed to initiate buyback events to strengthen the token’s value and vaporize the circulating supply.
• 1% is allocated to the World Pool (sent in $WORLD), rewarding holders and incentivizing long-term participation.
• 5% is allocated to the World Treasury, which is utilized to fuel the growth and development of the Worldwide Token Protocol and bring a multitude of additional reoccurring rewards with World Events.

Tax Distributions on Sell Transactions:

On every sell transaction, a 10% tax is applied, and this is automatically distributed to specific components to maintain the balance and sustainability of the protocol.

• 0.5% is Vaporized Automatically (sent in $WORLD) to support deflationary measures and drive the scarcity of the token.
• 2.5% is allocated to the Liquidity Pool, strengthening liquidity and facilitating smooth transactions.
• 2.5% is allocated to the BBV (Buy Back and Vaporize) wallet, ensuring a robust buyback mechanism that safeguards the token’s value.
• 1% is allocated to the World Pool (sent in $WORLD), providing rewards to dedicated holders and fostering long-term engagement.
• 3.5% is allocated to the World Treasury, which fuels the protocol’s growth and development initiatives as world and most importantly WORLD Events.

Transfer Tax:

A transfer tax of 2% in $WORLD is applied to all token transfers, and this amount is automatically distributed to vital components of the protocol.

• 0.5% is Vaporized Automatically (sent in $WORLD) to maintain the deflationary nature of the token.
• 1.5% is allocated to the World Pool (sent in $WORLD), incentivizing and rewarding dedicated holders.

Note: Only $World is subject to taxation on the transfer tax. Selling WORLD from TEAM or others is not applicable. The extraction is exclusively in BNB on both BUY and SELL transactions, respectively. The Transfer tax, solely in WORLD, feeds the wallets to reward holders and enhance the protocol’s deflationary nature. The wallets which accrue World are labelled. Every transaction triggers an auto burn or vaporization, further strengthening the token’s scarcity. Additionally, the LP wallet is accumulated 50/50 with BNB and WORLD, manually added on a regular basis and locked.

Conclusion:

Incorporating a comprehensive and strategic taxation system, the Worldwide Token Protocol is on a mission to create a thriving and sustainable DeFi ecosystem. The innovative BNB extraction on buy transactions, sell transactions contribute to the growth and prosperity of the protocol, without any World Token sells initiated by TEAM. With the potential for exponential returns and the vision of a brighter crypto future, Worldwide Token opens up new horizons for the global crypto community.

Join us on this transformative journey, and unlock the true potential of the Worldwide Token Protocol!

Website https://theworldwidetoken.com

Discord https://discord.gg/tVn8H3zXZs

Youtube Founder & CEO https://www.youtube.com/@DanielPradoWorldwide

Youtube Co-Founder & COO https://www.youtube.com/@Just_Yamap

Daniel Prado, Mrs Worldwide, Yamap — 25.07.2023