Docs › ⬡ EVM tools

% Tax Token

Create an ERC-20 tax token with your own buy and sell rates on Ethereum, BNB Chain, Base, Robinhood Chain or Elysium, and manage it later.

A Tax Token takes a percentage of each trade and sends it, in the token itself, to a wallet you choose.

⚙️ Settings

SettingWhat it does
Buy taxPercentage taken when someone buys
Sell taxPercentage taken when someone sells
Tax receiverThe wallet that receives the tax

Rates can be anything from 0 to 100%. Rates above 10% make buyers wary.

🔄 How the tax applies

  • Tax applies only to trades against a liquidity pool you mark.
  • Normal wallet-to-wallet transfers are never taxed.
  • Tax starts working after you add liquidity and mark the pool address.

🛠️ Managing it later

Open My Tokens to:

  • Change the buy and sell rates.
  • Change the tax receiver.
  • Mark the pool address.
  • Renounce ownership to freeze the settings forever.

🔒 What it doesn't have

No mint function, no blacklist, no pause and no trading switch.

💬 Something unclear or missing? Email support@degenkit.app and we'll improve this page.