GlobalGive 'Toxic Whale' Tax Toxic Whale Tax The Toxic Whale tax is the most effective way to prevent large wallet price manipulation in the infancy of crypto projects. By financially punishing large sales, we discourage repeat offenders and encourage long term, healthy price growth throughout the life of the token. Stop suffering at the hands of whales, invest in a token that protects all HODLers. The intent of the whale killer mechanic is to ensure the healthy growth of the Global Give Token during the initial (pre exchange) pricing. Too many times during the initial beginnings of a token, large wallets (whales) are able to drastically dip the price leading to panic sales by other wallets, dipping the price even further. If we look at transactional trends, we will typically see the same whale wallet rebuying on the (artificial) dip to improve their position, and start the same price-suppressing cycle all over again. This tends to stagnate projects and hurt investor confidence in the long and short term, we have found the solution - a progressively increasing transaction tax based on the percentage of said transaction vs the total supply. 02 An additional fee will be assessed when selling via Pancake Swap at the following rates: a 1% increase in the tax for every 0.1% of the total supply the transaction represents. For example: Should the transaction represent 0.5% of the total supply, a 5% additional tax would be assessed. This would make the transaction tax a total of 15%. That 15% would be split like all other transaction taxes. Should the transaction represent 1% of the total supply, a 10% additional tax would be assessed. This would make the transaction tax a total of 20%. That 20% would be split like all other transaction taxes. This tax will scale all the way down to ensure that “gaming” the system just below an arbitrary threshold is not feasible. This means you can calculate the total transaction tax for a transaction (including the base 10%) using the following: This fee will be assessed in addition to Pancake Swap’s price impact fees. We believe we have struck the balance between preventing artificial price stagnation while also not being overly restrictive to a majority of buying and selling transactions. An additional fee will be assessed when selling via Pancake Swap at the following rates: a 1% increase in the tax for every 0.1% of the total supply the transaction represents. For example: The content of this document is provided for educational and informational purposes only. It is not intended to be and does not constitute financial, investment or trading advice of any kind. You shouldn't make any decisions as to finances, investing, trading or anything else based on this information without undertaking independent due diligence. Trading of Bitcoin and Altcoins have potential risks involved. Anyone wishing to invest 03 should seek their own financial advice.