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Whilst the maximum total supply of Weave tokens is set at 200,000,000, the token is also deflationary, meaning that coins will be burned from the outset.
Whenever someone buys/sells our $Weave token, a 2.5% fee is applicable. This fee is distributed in the following ways. You will need to set your slippage at 2.6% when you buy or sell $Weave tokens. 3% slippage should work for most of case.
- 1.5% redistribution to Weave staking pool (added to daily rewards pool)
- 0.5% tokens burned forever
- 0.5% to platform