Variable Buy/Sell Tax
By CoinGecko | Updated on Feb 21, 2022
Unlike fixed Buy/Sell Tax rates, variable tax rate allows contract owners to arbitrarily change the tax rate. This means it is possible for contract owners to maliciously set a tax rate of 100% once there is enough holder to effectively turn the token into a Honeypot scam.
Related Terms
Wei
The smallest fraction of an Ether, with each Ether to 1000000000000000000 Wei.
Node
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain
Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
Exchange Traded Fund (ETF)
An exchange-traded fund (ETF) is a form of security that tracks a collection of securites such as stocks, bonds, index or cryptocurrency but tradeable like a single stock.
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