Fees & Taxes
Everything you need to know about fees
When purchasing a BREWERY, the fees will be split as follows:
- 70% goes to the rewards pool
- 30% goes to the treasury
Purchasing a BREWERY with LP tokens sends them straight to the treasury.
When claiming MEAD from your BREWERYs, you will be taxed at a sliding rate based on the last time any claim has been made (for a period of 14 days) and your brewer's reputation:
- 90% - (18-12%) taxed based on last time claimed and brewer's reputation (minimum 12% at Brewmaster level).
- The claim tax will drop over this 14 day period of time until it reaches 18-12% (based on your BR level). The higher BR level you are, the faster this claim tax will drop.
When selling MEAD on the market, you will be taxed at a sliding rate of 25-10% based on the last time your wallet has sold for a period of 7 days. The sell tax will drop over this period of time until it reaches the base rate of 10%.