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How Does the 4% Tax on $BSL Transactions Work?

Tax on tokens

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Written by Nathaniel O'Dell

$BSL transactions include a 4% tax that supports the BSL DAO Social Liquidity Pool (SLP). This pool receives HBAR every time a $BSL token is:

  • Purchased

  • Sold

  • Transferred

Important Notes

  • BankSocial App Version 2.6.0 or Later:

    • Any $BSL token transfer greater than $5.00 has 0% tax

  • Other Platforms:

    • If you transact $BSL outside the BankSocial App, the standard 4% transfer tax still applies

Learn More

For a deeper dive into $BSL tokenomics and the BSL DAO:

👉BSL DAO & Tokenomics Info

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