Sustainability Tax

These "taxes" are implemented to enable the continuation of our game: including innovative technology, machine learning, artificial intelligence, NFT lending desk, "HODL" card, holographs, etc.

By implementing sustainability taxes, we aim to create a self-sustaining ecosystem where the success of the Zoo platform directly contributes to the protection and preservation of endangered animals. These taxes are an integral part of our commitment to making a positive impact on the planet and leaving a lasting legacy for future generations.

The Treasury of Zoo Labs plays an integral role in preserving the liquidity of the project while ensuring the provision of rewards for each new animal species. This vital mechanism allows for continual reward distribution, while concurrently maintaining the project's market cap, fostering the stability and growth of the Zoo ecosystem.

Half of the $ZOO token supply is prudently reserved within the Treasury. This strategic allocation further enables the distribution of rewards, acting as a buffer that bolsters the sustainability and longevity of Zoo Labs. These tokens ensure a steady stream of rewards for our community members, strengthening their connection with our ecosystem and enhancing their gaming experience.

Intricately woven into the fabric of Zoo Labs is the Zoo protocol, which receives a validator from the Lux Layer 1 blockchain. This validator is pivotal in generating transaction fees within the Lux network, facilitating a continual influx of liquidity. This perpetual liquidity addition fuels the sustained growth of the Zoo community and game, fortifying the project's long-term viability.

The validator system not only ensures consistent liquidity but also promotes the organic expansion of our ecosystem. This system, built upon the foundations of a secure, efficient blockchain, facilitates transactions, driving the robust, steady growth of Zoo Labs. By implementing sustainable growth strategies and promoting environmental consciousness, we are ensuring the enduring vitality of our community, our game, and the world we share.

Taxes

$ZOO Liquidity Pool Tax (8%): 8% tax on ever sell in liquidity pool.

4% to Liquidity Pools

4% to DAO

$KEEPER Liquidity Pool Tax (8%): 8% tax on ever sell in liquidity pool.

4% to Liquidity Pools

4% to DAO

NFT Burn Tax (20%): 20% tax upon liquidating collateral-backed NFT, which effectively burns the NFT.

10% to Liquidity Pools

10% to DAO

Marketplace Transactions and Fees

All fees are attributed between the DAO and the liquidity pools.

Listing and Selling NFT on Zoo Market: FREE

Royalty Fee (2.5%) : Every time an NFT is sold or minted a creator-royalty fee is charged.

Hatching (Free): Every time you want to hatch your egg, this effectively burns the egg and mints/unveils a baby.

Breeding (3x original egg price): Every time you breed two adult animal NFTs.

Mint Teen (1x original Egg price): Every time you want to mint a teen animal, this effectively mints a Teen Animal NFT of that species and the price you pay gets added as base collateral.

Mint Adult (2x original Egg price): Every time you want to mint an adult animal, this effectively burns the egg and mints a Teen Animal NFT of that specie.

Feeding (Free): Just add collateral. When you add collateral you get a rewards boost. The base collateral that was/is needed to mint the older version is not included in the boost reward.