TaxSplitPrice

(TAX)

TaxSplit is a no-code token launchpad built on the Solana blockchain that utilizes the Token-2022 standard. Unlike standard fair-launch platforms, TaxSplit features a built-in revenue-sharing model. It allows creators to launch tokens with custom tax mechanisms ranging from 1% to 10% without requiring any programming knowledge. The platform’s unique 'Tax-Fi' ecosystem is designed to provide sustainable revenue streams for holders through automated tax distribution, separating it from traditional launch interfaces.

Rewards for $TAX holders are distributed through an 'auto-drip' mechanism directly to their wallets. There is no need for users to manually stake or claim their earnings. These distributions occur automatically every 15 minutes, ensuring a consistent flow of rewards for community members. For the native $TAX token, these rewards are paid out in SOL, which is funded by the 10% transaction tax applied to all $TAX trades.

TaxSplit utilizes the Token-2022 extension because it offers advanced functionality that the legacy SPL standard lacks. Specifically, Token-2022 natively supports 'Transfer Hooks' and native fee structures. These features are essential for TaxSplit’s core utility, as they allow for the automatic collection and distribution of transaction taxes directly on-chain, enabling the platform's seamless reward system and the creation of custom tax configurations for new launches.

TaxSplit incorporates a deflationary element to support the $TAX ecosystem. The platform allocates 10% of all fees generated from other tokens launched via the TaxSplit launchpad to perform buybacks of the native $TAX token. Once these tokens are purchased from the market, they are permanently burned. This process reduces the total circulating supply over time, aiming to provide long-term benefit to holders through increased scarcity.

Security is a primary focus for the TaxSplit development team. To ensure the safety of the no-code token generator and the platform's underlying smart contracts, the project documentation points to rigorous audits conducted by reputable security firms. These audits are designed to identify and resolve potential vulnerabilities, ensuring that the automated tax distribution and token minting processes are safe from exploits for both creators and investors.

Yes, creators have full flexibility when using the TaxSplit no-code launchpad. While the platform is optimized for its tax-sharing capabilities, it allows for custom tax settings ranging from 0% up to 10%. This allows developers to choose the specific tokenomic model that best fits their project's goals, whether they prefer a traditional zero-tax structure or a sustainable revenue-sharing model that rewards holders through transaction fees.