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Let’s talk about tax tokens on Solana

I want to know your opinion on spl22 tokens aka tokens with taxes on Solana.

I know there are few tokens with taxes, which is strange because these types of mechanisms were what changed the game with Ethereum.

I remember tokens like SafeMoon or good ol Shib were the first to introduce these concepts and they instantly went viral.

So you think the same can happen with Solana SPL22 tokens?

I know of a few projects like building on this type of token extension and they use a large portion of the token taxes for continuous marketing of the project.

That is another great thing about tokens with taxes, if done correctly the dev or team does not have to dump their tokens in order to get paid from the project. Taxes allow for the continuous growth of the project by gradually paying the dev and team for their hard work and also constantly replenishing the marketing budget. From a developers perspective this incentivizes the long term success of the project.

In my opinion, we need less pump fun tokens and more legit long term projects that rely on taxes instead of dumping tokens.

submitted by /u/CoinMarketLeaders
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