Claim Tax

The current contracts have implemented a sliding claim tax, whereby less frequent claiming is rewarded with a lower tax. Claim taxes are paid in $WPFT and automatically deducted upon claiming rewards. The current tax rates are as follows:

The sliding tax is node-specific and resets back to Tier 5 with each claim. For example, a single claim of a node in the Tier 3 tax bracket will result in the unclaimed rewards being taxed at 25% and the tax timer for that node being reset to the date/time of the claim, putting that node back into the Tier 5 tax bracket. Other nodes that weren’t claimed remain in the tax tier bracket they were in prior to the claim. If you claim using a “claim all” button, then all nodes impacted by the “claim all” button will be taxed at their individual tax tier bracket, and will then be reset to the Tier 5 tax bracket.

Sliding tax cycles

• 0-7 day 50%

• 8-14 day 35%

• 15-21 day 25%

• 22-29 day 10%

• 30 days and after 0%