💰Taxes & Fees
Last updated
Last updated
In Cat Town and when trading KIBBLE all transactions have a small fee. This is designed to always return back into the ecosystem in some way to incentivise engagement or benefit players and KIBBLE holders in some capacity.
3%/3% buy and sell tax
1% paid to the liquidity pool
1% paid to the development fund
1% paid to the game rewards pool
2% fee on buying cats and selling floofs
1% paid to development fund
1% paid to KIBBLE buyback fund
50% fee for selling cats - directed to the game rewards pool
All fees generated from cat sales will provide a boost in rewards for remaining players
As part of our development fund taxes, we want to give a portion of that money to a Cat charity every month. We will document proof of donations here.
April 2024 - $1250 donated to Cats Protection UK.
July - $2000 donated to Edinburgh Dog and Cat Home
July - $500 donated to Typhoon Carina Reflief Efforts (Community Raised additional $1k towards Relief)
August - $450 to Edinburgh Dog and Cat Home
September - To be announced