Frequently Asked Questions
Where do Taxes go? A portion of the buy/sell tax will be used to automatically add to liquidity and the rest will go to the operation of the LLC and any costs associated with compliance and reporting requirements.
Token price and secondary markets We can not predict how the secondary market users on pancakeswap will react to launch and our project, if at all. DTC does not need buys/sells to keep the project going and growing, that is what our investment pools are for. We do not need to rely on the ponzinomics that most of the crypto space requires to keep their projects alive, we can survive on little volume and don't need new buyers comin in to replace the old. There will be no public advertising of our club or token before or after launch to ensure we are complying with SEC requirements. Any secondary market action will be the result of chance encounter or community members who couldn’t get into the launch lining up to buy a position. We obviously want the token price to do well long term, but our efforts will be focused on growing and executing the investment pools and strategies.
Defi Trading Club Kill Switch At any time members holding 50% of supply can request a vote to dissolve the company, that vote will be put to membership at the end of the next quarterly business review. The vote will be considered to have passed if members holding 65% of supply vote in favor. If passed, within 30 days all investments will be sold, all club wallets combined, liquidity will be removed from DEX any outstanding bills will be paid, then 100% of remaining funds will be proportionally distributed to token holder’s wallets, less gas fees.
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