> For the complete documentation index, see [llms.txt](https://swiss-nft-fund.gitbook.io/swiss-nft-funds-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://swiss-nft-fund.gitbook.io/swiss-nft-funds-whitepaper/projects/swiss-nft-fund/tokenomics.md). # Tokenomics ## The swissnftfunds Coin With the founding of the project, we created the swissnftfund coin. This is an ERC-20 token on the Ethereum Blockchain with a number of 1,000,000,000 coins, that will be scarce over time due to buybacks resulting from sales from the Fund Wallet. We buy in bear market, we sell in bull market and we make everyone profit from the sales. Get all the information about the contract via the link below. {% embed url="" %} ## Taxation With each purchase as well as sale of the coins 10% taxes are due. This 10% consists of 8% fund taxes and 2% collective taxes. The collected Fund Taxes are kept in the Fund Wallet and finance the future NFT purchases. The 2% Collective Taxes are immediately distributed to the coin holders on a percentage basis. We will illustrate the whole process with an example purchase of 1,000,000 coins: 1,000,000 x 0.08 (Fund tax) = 80,000 = ETH worth 80,000 coins goes into the fund wallet. 1,000,000 x 0.02 (Collective tax) = 20,000 = Number of coins will be distributed to the holders on a percentage basis. -> If you hold 1% of the coins, the number of your coins would increase by 200. In this way we make sure that every purchase or sale serves the project and holders are rewarded for holding their coin. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://swiss-nft-fund.gitbook.io/swiss-nft-funds-whitepaper/projects/swiss-nft-fund/tokenomics.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.