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Taxes
There is a 6 week scaling tax set AT LAUNCH. Meaning after the first 6 weeks of Walrus, there will be no penalty tax for unstaking LP.
Example:
Dylan creates a WLRS/USDC.e LP worth $200 and deposits the LP in the WLRS/USDC.e farm. After exactly 1 week, he wishes to unstake his position and withdraws his LP. He will incur a tax of 4% tax (or $8, assuming the value of the LP remains unchanged at $200). His new position will be $192 worth of WLRS/USDC.e LP.
WEEK | TAX |
|---|---|
May 14th-May 20th | 5% |
May 21st - May 27th | 4% |
May 28th - June 3rd | 3% |
June 4th - June 10th | 2% |
June 11th - June 17th | 1% |
June 18th+ | 0% |
Last modified 1yr ago