# 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="https://2161732365-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkFY0t88Pae1617j6aajl%2Fuploads%2FNaB9fHcPTQSj3eBD1Fzz%2FTimeline%20Based%20Tax%20Structure.jpg?alt=media&#x26;token=cac5e5f0-51ab-4c69-b76c-e48ab15e5514" 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="https://2161732365-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkFY0t88Pae1617j6aajl%2Fuploads%2F7iNNp0jyWjlFm5o34LsF%2FTax%20Structure%20-%20Month%201.jpg?alt=media&#x26;token=945f4eb4-64df-4e66-8152-326e5cb33e11" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2161732365-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkFY0t88Pae1617j6aajl%2Fuploads%2Fu2BFhOWjTUKamqGjFMF0%2FTax%20Structure%20-%20Month%202.jpg?alt=media&#x26;token=50426c26-752f-4996-93dd-6a7785901e30" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2161732365-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkFY0t88Pae1617j6aajl%2Fuploads%2F899hLh8ETvGoVa1QirXn%2FTax%20Structure%20-%20Month%203.jpg?alt=media&#x26;token=aa43afac-9ff7-4b52-b9e8-df2a746f64fe" 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="https://2161732365-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkFY0t88Pae1617j6aajl%2Fuploads%2FSnkC3QUXBiwLi4BQBQXr%2FMarket%20Cap%20Milestone.jpg?alt=media&#x26;token=9e3fb5fd-80d4-4fd1-8fdb-a2056f982adc" 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 %}