Equity

Team at Equity has recognized the need for the traditional type of savings account offered at banks to be brought to the Decentralized Finance (DeFi) space. While we are not a bank, our tokenomics can offer you much greater rewards than a typical high interest savings account. Our 20% buy and sell tax is returned to all holders via reflections paid automatically in a user selectable coin. We use a slightly higher than normal gas fee on each transaction to pay for the gas for the rewards payout. 100% of the transaction tax is returned to holders via this method.

Unlike a traditional savings account, Equity can also be used as a method of peer-to-peer (P2P) payments with a 0% wallet to wallet transfer tax. Our goal with this is to enable everyone that holds Equity to recover the 20% tax through rewards. An LP tax is not required to keep the LP funded, the rewards will add Equity to the LP every pay out.

We are not using a portion of the taxes to fund any team or marketing wallets. Our team and marketing are paid the same rewards as all other holders and these are how we fund the project. The team wallets, 5% split into 4, and marketing wallet, 5%, are locked by the contract; They cannot buy, sell or transfer Equity coins for a minimum of 1 year. We are not building a swap, there will be no Non-Fungible Tokens (NFT’s), no Debit Card, no money will be wasted on trends. We are firm believers in allowing specialists to perform their specialty. There are many other fantastic projects out there providing these products. We provide a means to save with passive income and P2P payments to the DeFi space: this is our specialty.