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Anti-Bot
Snowcat DAO implements the following anti-bot functionality:
  • 90% transaction tax on all SCAT buying and selling during the same block as a buyback, or when the admin adds liquidity
  • Then, there is a linearly descending transaction tax on SCAT buys and sells for 7 seconds
  • After 7 seconds, the selling tax reaches the normal 8% and the tax on buying is set to 0
  • In effect, this sets up a descending price auction for the ability to transact first after a buyback or liquidity add
  • 8% of the anti-bot tax is always redistributed to stakers
  • A variable controls whether stakers or the admin wallet receives the remaining portion of the anti-bot tax
    • The admins will receive the majority of the anti-bot tax from liquidity adding
    • Stakers will receive the majority of the anti-bot tax from buybacks
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