Oxy-Fi
  • 🫐Introduction
  • 📌Fundamentals / Features
    • Node Protocol
    • DAO
    • Launchpad
    • NFT Collection
    • NFT Marketplace
  • 💲NFTs Incentives
  • 💠Oxy-Nodes
    • Create Nodes
    • Increase Node Yields
    • Tax Imposition
      • Claim Tax
      • Paper-hand Tax
  • 🪙Tokenomics
  • ♻️Buyback
  • ❔Why Oxy-Fi is the smart and sustainable DeFi choice
  • Future
    • 📍Roadmap
  • Informations
    • 🔐Security
    • 🔗Links
Powered by GitBook
On this page
  1. Oxy-Nodes
  2. Tax Imposition

Claim Tax

PreviousTax ImpositionNextPaper-hand Tax

Last updated 3 years ago

Claim Tax will be imposed on rewards to maintain the sustainability of the protocol. It will be the same for all five tiers of Oxy Nodes, and is fixed at 8%.

Reduce Claim Tax with Oxy-Fi NFTs

Owning O3 NFTs and O4 NFTs will reduce the amount of claim tax incurred by a node. The base-level tax reduction of the Oxy-Fi NFTs (detailed in the table below) can be further reduced by upgrading the NFTs. Each level upgrade reduces tax by x%.

💠