Transaction Fees

1. Transaction Fee (Buy Fee – 1% Fee):A flat 1%fee is applied to all token purchases.

• This low fee encourages buying and accumulation.

1. Transaction Fee (Sell Fee – Variable Rate):The sell fee is variable and scales with the size of the sale relative to the total supply to discourage large, disruptive dumps. See the table below.

1. Fee Allocation (Where the Fees Go)

The total transaction fee collected (from both buys and sells) is automatically distributed to the following treasuries to fuel the ecosystem.

Detailed Breakdown of Treasury Functions

1. Burn Mechanism

This is a unique, transaction-triggered deflationary feature.

• Trigger: The mechanism is activated on every buy and sell transaction.
• Action: Immediately after a buy or sell, 0.02% of the transaction token will be triggered for burn mechanism and the token will be sent to the wallet named “Dead Burn Mechanism Wallet”
• Destination: These tokens are permanently sent to a wallet labeled “Dead Burn Mechanism Wallet”.
• Termination Condition: The burn mechanism process will automatically and permanently cease once the balance of the “Dead Burn Mechanism Wallet” reaches 17.5% of the initial total supply (105 trillion tokens). This ensures the deflationary pressure is strong initially but does not continue indefinitely, allowing for a stable token supply in the long term.

2. Monthly Holder Rewards (30% of 6% transaction fees) – Monthly Airdrop

• Qualification: A holder must have held at least $200 worth of MGBS for 25 consecutive days preceding the last day of the month, without selling or completing outgoing swap for any portion of their holdings during this quarter.
• Mechanism:
  1. After the 30^th day, the smart contract will take a snapshot of all qualifying wallets and their MGBS balances (Wallets must have minimum $200 worth and must have held for at least 25 consecutive days in the applicable month for the reward).
  2. The total value of the Holder Rewards Treasury (30% of all fees, in Eth Base) is calculated.
  3. Ethereum Base is used to automatically buy MegaBase Coin from the open market.
  4. The total number of MGBS purchased is then distributed pro-rata to all qualifying holders based on their snapshot balance. This will be airdropped to all the qualifying wallets.
  5. Qualifying Wallets: You must hold your coins in a self-custody wallet (like MetaMask, Trust Wallet, Uniswap, Ledger, etc.) Holdings on centralized exchanges (CEXs) cannot be verified by our team and are, unfortunately, not eligible.

 Program Explanation: The 30-Day Holder Rewards Program

Core Concept: 30% of all transaction fees generated by the network over a specific period (e.g., one month) will be used to buy MGBS tokens from the open market. These purchased tokens are then distributed as rewards to all wallets that have a minimum balance of $200 for at least 25 consecutive days in any given month (except February during leap year) and have met the qualification requirements as described earlier in this document.

Step-by-Step Calculation Process

Here’s how the reward for each qualified holder is calculated at the end of a reward cycle (e.g., monthly).

Step 1: Calculate the Total Reward Pool

This is the total amount of coin that will be distributed to all holders.

1. Sum Total Transaction Fees: Tally all transaction fees paid in the Eth Base or USDC coin over the chosen period (e.g., one month). Let’s say the total fees for the month are $10,000.
2. Calculate the Buyback Amount: Take 30% of the total fees.
   • Buyback Amount = 30% of Total Fees = 0.30 * $10,000 = $3,000
3. Buying Tokens for Reward: Use the $3,000 to buy the project’s tokens from the open market (e.g., on a Decentralized Exchange). The price of the coin at the time of buyback will determine how many coins are in the reward pool.
   • Assume the market price at buyback is $1.50 per coin.
   • Total Reward Pool (in Coins) = Buyback Amount / Coin Price = $3,000 / $1.50 = 2,000 Tokens
   • These 2,000 tokens is the total amount to be distributed.

Step 2: Identify Qualified Holders and Their “Weight”

This step determines who gets a share of the reward pool and how large their share should be.

1. The Snapshot: A snapshot of the blockchain is taken at the end of the reward period to identify all wallets.
2. Apply the 25-Day Rule: The system checks the history of each wallet. Only wallets that have held a minimum required number of coins ($200 worth) for at least 25 consecutive days leading up to the snapshot are marked as “Qualified Wallets.”
3. Calculate “Qualified Holding Amount”: For each qualified wallet, the system looks at the minimum balance they held consistently over the past 30 days. This is a conservative and common method to prevent gaming.
   • Example: If Wallet A held between 1,200 and 1,500 coins over the 30 days, their “Qualified Holding Amount” is 1,200 coins. (Remember if the coins have been held for only 25 days, the calculation should use 25 days rather than 30 days used in the explanation)
4. Sum Total Qualified Coins: Add up the “Qualified Holding Amount” from every qualified wallet. Let’s assume the total from all qualified wallets is 100,000 coins.

Step 3: Calculate Each Holder’s Share of the Reward

This is a proportional calculation.

1. Calculate Reward per Coin: Determine the reward distribution rate.
   • Reward per Coin = Total Reward Pool / Total Qualified Coins
   • Reward per Coin = 2,000 Coins / 100,000 Coins = 0.02 Coins per Qualified Coin
   • This means for every coin the holder has held that qualified; they receive 0.02 coins as a reward.
2. Calculate Individual Reward: Multiply the holder’s qualified coins by the reward rate.
   • Holder’s Reward = Holder’s Qualified Coins * Reward per Coin
   • For our example Wallet A with 1,200 qualified coins:
   • Wallet A Reward = 1,200 * 0.02 = 24 Coins

Summary with a Concrete Example

Let’s put it all together in a single table for clarity.

Key Benefits of This Model

• Transparent & Verifiable: The total transaction fee is on the blockchain. The buyback can be done publicly. Math is simple for anyone to verify.
• Sustainably Funded: The rewards are not created from anything else (inflationary); they are funded by the project’s own utility and economic activity.
• Aligned Incentives: Holders are incentivized to both hold long-term and promote network usage, as more fees mean a larger reward pool for everyone.
• Price Support: The monthly buyback creates consistent, built-in demand for the coin on the open market.

This model is widely considered one of the fairest and most sustainable ways to reward long-term holders, as it directly ties their rewards to the ecosystem’s health and growth.

• Distribution: Will be automatically airdropped directly to holders’ wallets within 14 days after the month end.