> For the complete documentation index, see [llms.txt](https://saltz.gitbook.io/saltz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://saltz.gitbook.io/saltz/get-saltz-web/saltz-on-web/whale-tax.md).
# Whale Tax
Navigating the Waters: SALTZ's Whale Tax System
In the vast ocean of cryptocurrency, there exists a titan known as the 'crypto whale.' These giants hold vast amounts of cryptocurrency, enough to potentially influence market values. To maintain a balanced ecosystem, we've introduced the Whale Tax.
**Why the Whale Tax?**\
For every gigantic splash made by a whale, we ensure it's a win-win for all SALTZ investors. This tax system safeguards interests, preventing large holders from manipulating prices, while also feeding back into the community.
**Here's How It Works:**\
Every time a whale dives into our sea of coins, an additional tax is levied, on top of the standard 10% transaction tax. This tax cascades as their holdings increase, ensuring no single entity dominates the ecosystem.
**Tax Breakdown:**
* 31% fuels the staking reward vault.
* 11.5% rejuvenates the referral reward pool.
* 36.5% is set aside to be burnt, controlling supply.
* 21% propels our project marketing efforts.
**Whale Watch:**\
As the whales grow, so does their tax contribution.
· If Buys **1-2%** of total supply, **10% Regular Tax + 5% additional Tax**
· If Buys **2-3%** of total supply, **10% Regular Tax + 10% additional Tax**
· If Buys **3-4%** of total supply, **10% Regular Tax + 15% additional Tax**
· If Buys **4-5%** of total supply, **10% Regular Tax + 20% additional Tax**
· If Buys **5-6%** of total supply, **10% Regular Tax + 25% additional Tax**
· If Buys **6-7%** of total supply, **10% Regular Tax + 30% additional Tax**
· If Buys **7-8%** of total supply, **10% Regular Tax + 35% additional Tax**
· If Buys **8-9%** of total supply, **10% Regular Tax + 40% additional Tax**
· If Buys **9-10%** of total supply, **10% Regular Tax + 45% additional Tax**
· If Buys **>10%** of total supply, **10% Regular Tax + 45% additional Tax**
**Additional Note:** Once a SALTZ holder's transaction reaches or exceeds 10% of the total token supply, the applied tax rate becomes static at 55%. Therefore, even if the user’s holdings were to increase beyond 10% of the total token supply, the maximum tax rate imposed on the transaction remains capped at 55%. This ensures that even as holdings grow, the tax rate does not increase further, providing a predictable tax landscape for large-scale investors within the SALTZ ecosystem.
**The Ripple Effect:**\
This unique system ensures that as whales make waves, the entire community benefits. Any major purchases only uplift SALTZ's value, avoiding significant price dips. So, whether you're a minnow or a whale, with SALTZ, the tide raises all boats.
