$TAPS
The $TAPS Token & Fee Mechanism
When you use Taps to deploy a token, your token will automatically be launched on Uniswap V3, with a built-in mechanism that supports both your new token and the main $TAPS ecosystem.
π₯ How It Works
Every token launched through Taps is configured with a 1% transaction tax on all swaps.
πΈ Tax breakdown
1% tax on every swap (buy or sell)
This tax is split into two parts:
π 50% in tokens
The token portion (0.5% of the transaction) is automatically burned, reducing supply of your token forever.
π° 50% in ETH
The ETH portion (0.5% of the transaction) is split further:
50% to the creator β goes directly to the deployer wallet, and can be claimed as passive income.
50% used to buy $TAPS, and those $TAPS tokens are burned, reducing the $TAPS supply and supporting its price.
β»οΈ Why this matters
π’ Deflationary for $TAPS: Every swap from any Taps -launched token continuously burns $TAPS.
π’ Deflationary for your new token: Your token supply is constantly reduced, helping create scarcity.
π’ Rewards for creators: As a creator, you receive ETH fees directly to your wallet, incentivising you to promote and grow your token.
π’ Sustainable flywheel: The more tokens launched and traded, the more $TAPS is burned, strengthening the entire ecosystem.
βοΈ Fee flow diagram
Example on a single swap:
1% total tax collected.
0.5% in your token burned permanently.
0.5% in ETH split:
0.25% ETH goes to you (the token creator), claimable anytime.
0.25% ETH buys $TAPS on the open market and burns it forever.
π‘ Claiming your ETH fees
ETH fees accumulate in a special contract.
You can claim your portion directly inside the Taps bot at any time.
π $TAPS value loop
This system creates a powerful loop:
More token launches and trades β more $TAPS buys β more $TAPS burns β stronger $TAPS price.
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