I have a question...does the 1.2% tax comes from buys/sells..or

Question

I have a question...does the 1.2% tax comes from buys/sells..or

any kind of transactions ?.like sending from a to b ?..if the second case is true...what is the total transaction volume per day on lunc blockchain + cexs ?

#blockchain #cryptocurrency #english #luna

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03.09.2022

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Frank · Accepted Answer

"Transactions affected by the Tax MsgSend - Sending from one wallet to another MsgMultiSend - Sending from multiple senders or to multiple receivers (taxed once) MsgExecute - bundled dApp and smart contract transactions (each bundled is tx is parsed and taxed) MsgSwapSend - Swapping then send to another wallet MsgInstantiateContract - Creating a new smart contract MsgExecuteContract - smart contract transaction For example, here we describe several txs, to and from wallets: binance to banance off-chain : no tax (unless this internally forces them to move cold to hot wallet) on-chain to binance : taxed on-chain to other CEX: taxed binance to on-chain: taxed other CEX to on-chain: taxed on-chain to on-chain : this is a MsgSend, taxed Delegate to validator: not taxed Undelegate from validator: not taxed Withdraw rewards from validator: not taxed Vote on governance proposals: not taxed Propose new governance: not taxed Swapping from LUNC to UST: currently disabled, but not taxed (other taxes may apply)"

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I have a question...does the 1.2% tax comes from buys/sells..or

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