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Negative Tax ($NETA) is a cryptocurrency project that operates on the Binance Smart Chain (BSC), known for its reliability, speed, and low transaction fees. The core objective of Negative Tax is to reward token holders through a unique financial structure that includes a modest tax on transactions. Specifically, for every buy transaction, a 1% tax is levied, and the funds collected from this tax are converted into Binance USD (BUSD) rewards distributed to token holders.
This mechanism aims to cultivate a sustainable and rewarding ecosystem that encourages investors not just to buy but also to hold their tokens for extended periods. By providing tangible rewards in BUSD, Negative Tax seeks to create a long-term engagement model and incentivise participation in the project, countering the typical volatility often associated with cryptocurrency investments.