The Treasury

Value to Investors Beyond $ROO

The treasury is one of the most important aspects to bringing value to the users of the protocol. Building a deep treasury allows users to benefit from other means besides the $ROO token. The treasury will be established via the presale. From there, the growth of the treasury will come from the taxation of the $ROO token. The treasury will be split as follows:

  • 20% High Risk Adverse Assets

  • 50% Stablecoin Staking and Yield-Farming

  • 30% Cross-Chain Yield-Farming and Angel Investments

With just basic staking alone, the treasury can grow by 20%. By the calculations done by the team, even the most minimal investments can lead to a minimum of a 400% gain in the current market conditions. Growing the treasury will allow us to reward users with various assets beyond the $ROO token.

Dynamic Taxes

Inspired by Sphere Finance, the Outback Team has decided to implement dynamic taxes. This will have a positive effect for the average holder of the $ROO token. Normal taxes typically can harm the average investor in comparison to a whale in the protocol. With Dynamic Taxes, all investors will not be harmed via the taxes.

Dynamic Taxes can best be explained by the Sphere Team. Full credit to them and their brilliant development!

From Sphere: "Dynamic taxes are an innovative concept created by the Sphere Team, which aims to minimize price manipulation by taxing sales/wallet transfers additionally based on how big of a share the holder has in correlation to the LP of SPHERE. This means that somebody with a lot of tokens in the ecosystem cannot dump the market without leaving a share of it in the hands of the community, making future attempts harder and harder. How many SPHERE tokens you hold is taken into account when calculating how big of a share of the LP you hold. For every 1% that you hold, the tax is increased by 5% until there's a total sell tax of 70%.

A simple calculation:

  • 1% of LP - 5% tax

  • 2% of LP - 10% tax

  • 3% of LP - 15% tax

  • 4% of LP - 20% tax

  • so on and so forth.

This tax does not affect the ordinary buyer because of the sheer volume of LP one would need to have to make such a share possible."

Why Taxes?

In order to sustain the protocol's liquidity, growth, risk-free value, hedging against inflation and to provide funds to the Treasury.

What are the Taxes Applied to?

  • 13% Buy/Transfer tax

  • 20% Sell tax

What will the Taxes be used for?

As previously stated. The taxes will be used for overall protocol growth. The following breakdown is what can be expected:

20% Sell Tax Breakdown:

-5% to the Treasury

-5% to Marketing

-5% Risk-free value

-5% to the LP Pool 13% Buy Tax Breakdown: -4% to Treasury

-4% to marketing

-5% to LP

Taxes to the treasury will contribute in large part to the buy-back of tokens.

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