What does a 100% sell tax on a token mean?

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201 views2025年3月21日

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pandatool 2025年3月21日 0 Comments

If the selling tax rate of a token is 100%, what does that mean? Does it mean that the token cannot be sold for a certain amount?

score 0 · Answer 1 · 2025-03-21T11:14:09+00:00

A 100% sell tax rate means the token cannot be sold, indicating it is a ‘Pixiu token’ (a scam mechanism where tokens are designed to be unsellable