# Tokenomics

## **A Deep Dive into Taxes, Reflections, and $MBLZ Tokenomics**

Over the past 24 months, the cryptocurrency community has had its fair share of tax-based tokens. At the beginning of the craze, taxes placed on tokens were hailed as a revolutionary revenue-generating mechanism, one that promised to ensure projects remained well funded long into their future. The shiny façade of tax-based tokens fell under strain, however, as it became clear that success with taxation was not a foregone conclusion.

With this in mind, MetaBlaze has designed a tax schedule to be implemented over two main **Tax Phases.** 

### Timeline-Based Tax Schedule

The first 90 days from Launch will employ the following <mark style="color:blue;">**Timeline-Based Tax Schedule**</mark>:

<figure><img src="/files/LD40AAhDLWX6EqnZe338" alt=""><figcaption></figcaption></figure>

As expressed in the table above – Buy/Sell taxes are set at 5% Buy / 15% Sell on Launch Day (Day One), coupled with a high <mark style="color:blue;">**Metaflection**</mark> (aka Reflection) rate of 5% that is distributed to token holders on Sell transactions. Over the next 60 days, we’ll reduce the overall taxes until eventually, beginning on Day 61, they reach 5% Buy / 5% Sell.&#x20;

{% hint style="info" %}
***Note:** Metaflections are completely removed on Day 61, by design. This is what we refer to as our Timeline Driven Tax Reduction Strategy.*
{% endhint %}

<figure><img src="/files/BldPr1GS4Lq8EjrjCd3q" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/Jygadyo3o8Lo0prXhvCp" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/X4sjGlOWwF6yOZlYU4uT" alt=""><figcaption></figcaption></figure>

### Milestone-Based Tax Schedule

From Day 90 forward, our strategy shifts as we move to a <mark style="color:blue;">**Milestone**</mark><mark style="color:blue;">-</mark><mark style="color:blue;">**Driven Tax Reduction Strategy**</mark>. In this Tax Phase, Buy/Sell taxes are reduced as MetaBlaze’s overall <mark style="color:blue;">**Market Capitalization**</mark> increases.&#x20;

<figure><img src="/files/mcgu4VkhgENsHzTb19ZR" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
***Note:** These tax reductions are unidirectional and irreversible. For example, when MetaBlaze’s Market Capitalization reaches $500 Million, the taxes will reduce from 2% to 0% on Buys, but remain at 5% on Sells. If for some reason, MetaBlaze’s Market Capitalization were to dip back below $500 Million to $490 Milion – the taxes will remain at 0% on Buys and 5% on Sells, and will NOT revert to 2% on Buys.*
{% endhint %}


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