Making EFT deflationary and rewarding

2 min readFeb 9, 2022

We have implemented in EFT’s token mechanism a function that will serve as an anti-bot measure, a passive income for holders, and a marketing catalyst. It will also help the adoption of EnergySwap, as the tax will be used to add liquidity on its different networks (Avax, Near and Echain)

Simply put, the Carbon Tax is a tax on all EFT’s transactions.

  • 1% of the EFT transactions will be reflected on EFT’s holder’s balance (in EFT)
  • 1% of the EFT transactions will be burned (burn address here)
  • 3% of the EFT transaction will go to Energyfi’s development and marketing wallet (in BNB)

Why this measure?

  • First, it is an anti-bot measure and it will definitely chase away trading bots that can sometimes hurt the price action.
  • Secondly, it will reward holders and invite investors to think long term gains against short term gains. It will also increase EFT’s scarcity overtime.
  • Last but not least, with 3%, the Carbon Tax will fuel EFT’s marketing plans and bring more eyes to Energyfi which will massively contribute in EFT’s success.

If you have any questions regarding the Carbon Tax, please join our telegram and ask, our community will be happy to help. 👇

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