$SNAKE tax token
🐍 $SNAKE Token
$SNAKE is the official ecosystem token of SnakeDAO — used for rewards, governance, and utility across all Snake products including SnakePad, SnakeDice, SnakeSwap, and beyond.
🔥 Key Facts
Symbol: $SNAKE
Supply: 1,000,000,000 (fixed)
Transfer Tax: 7% on all transfers
Token Standard: Token-2022 with enforced transfer fees
📦 Tokenomics
Bonding Curve
99% (990M)
Treasury
1% (10M)
$SNAKE launched at a $2.5K cap and <10% was purchased by insiders
💸 7% Transfer Tax Breakdown
Every $SNAKE transaction applies a 7% tax, distributed as follows:
70% → Holders (available for claim via frontend)
10% → SnakeDAO Treasury (used for dev, liquidity, marketing, core)
10% → NFT Holders
5% → Burned (deflationary)
5% → Platform Fee (static on all SnakePad launches)
This tax system encourages long-term holding, active use, and contributes to buy pressure via deflation.
🎯 Use Cases (current and future)
Claim rewards from other SnakePad tokens in $SNAKE (optional payout mode)
Earn platform revenue share as a holder
Unlock premium features (vanity URLs, dev dashboards, token boosts)
Governance over platform decisions (coming soon)
Swap liquidity via SnakeSwap
📈 Launch Details
Launch Model: Public bonding curve
Start Price: $2500 market cap
Curve Cap: ~$50k market cap, then migrate to Raydium
Trading: Begins on SnakePad, then moves to DEX after migration
🔒 Safety & Transparency
Token uses Token-2022 enforced transfer fees (on-chain)
Initial liquidity is locked
Track $SNAKE on-chain, or claim your rewards →
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