A fraction of every transaction fee goes directly to SION’s Charity Wallet. The more people buy and sell $SION the more the Charity Wallet grows, allowing us to reach out and support even more causes around the world, which in turn brings on board an increasingly bigger number of SIONauts.
A vicious circle for the good of the planet.
There is a 9% tax on each transaction:
> 3% Charity Wallet
> 3% Rewarded to all Hodlers
> 2% Added to LP
> 1% Marketing
Supply & Burn
Total supply is 1,000,000,000,000 (1 trillion)
40% Burned at launch.
The burn address also receives rewards from the 3% share of the transaction fee. But since nobody has access to that wallet, those $SION are effectively retired from circulation.
This wallet has 7% of total supply and is used to fund marketing and other project costs like exchange listings.
Where all charity donations come from. To ensure 100% safety it has a multisig function and needs 3 signatures to be unlocked.