
Virtuals Protocol|Oct 10, 2025 12:04
When we built Unicorn, we wanted to solve one of the oldest problems in agent launches: Snipers.
At launch, the buy-side tax starts at 99% and decreases by 1% every minute over 98 minutes, until it reaches the 1% baseline. The sell-side tax remains fixed at 1% throughout.
To illustrate:
At minute 1 (99% tax): Buying 100 of tokens puts only 1 into the pool; 99 is taxed. In other words, you’re receiving 1 worth of tokens despite paying 100, the remaining 99 goes into a tax pool that’s no longer yours. Effectively, you’re buying at 100× the starting price.
At minute 49 (50% tax): 50 goes into the pool, 50 taxed. You’re paying 2× the market price.
At minute 98 (1% tax): The market normalizes, and trading continues at baseline 1%.
Each agent’s launch page displays this in real time:
- Current Buy Tax Rate
- Effective FDV at that exact moment
- A countdown timer showing how long until the tax fully resets
All sniper taxes collected during this 98-minute period are automatically used to buy back the agent token over the next 24 hours. The repurchased tokens are distributed to the team wallet under a 3-month cliff + 9-month linear vest schedule. This mechanism ensures a fair start line for all, removing the advantage of bots and rewarding those who enter with conviction, not code.(Virtuals Protocol)
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