Flap's gas tax | The Jianghu is most afraid of the gentleman sword, and the chain is most afraid of confused accounts After Flap's response, I actually felt that this matter was more worth clarifying. To put it objectively, if Flap's TaxProcessor aims to bear the cost of gas in tax distribution, then the platform's collection of a fee from taxes can be discussed and accepted.   Tax currency is different from meme, where the gas used by meme users for buying and selling is borne by the users themselves. But tax currency also needs to handle tax settlement, dividends, repurchases, and treasury distribution. If all these logics are stuffed into the token contract, the gas will increase and it is also easy to get stuck in taxes or distribution failures.   Flap's TaxProcessor is equivalent to separating this part of the "tax distribution work" and having the processor execute it uniformly. So this fee can essentially be understood as a tax distribution service fee.   Everyone knows how to write in spring and autumn, and Gu Zuo is also normal. The official response states that there are no issues with TaxProcessor, Treasury, FAC, Security, and User Confidence.   The real key is: how much of every tax paid by users is used for projects, how much is used for gas, and how much becomes platform revenue?   A few core things seem to have not been answered directly yet: What is the relationship between the official statement of "up to 0.3% of trade" and the 90/10 split in the old contract?   How much of the accumulated funds received by 2.0x8a08D98CBB218fceB318Ecf3ABc1BA43D8A7aB0E are gas costs, how much is protocol revenue, and how much comes from the internal 1% fee?   Where did the remaining part after covering the gas go? What is the specific purpose of signing multiple contracts in the team?   Why were these expense information not placed in a way that users could understand on the front-end or expense description page before? If the document was recently added, it's okay. Admitting 'insufficient disclosure before, completion now' would be more dignified.   Now the data on the chain is there: 13547 BNB over two years, about tens of millions of dollars, which cannot all be gas subsidies. If a part of it is platform revenue, it can also be said directly.   The normal distribution operation of BSC has a gas cost in the range of a few cents. Even if complex distribution is more expensive, estimated at the upper limit, 13547 BNB is sufficient to cover a very exaggerated number of on chain operations.   Where did the extra money go after covering the gas?   I asked a friend to search for a real hash on the chain, and found that the user's gas for a swap was only 0.000025-0.000054 BNB, approximately $0.01- $0.03; But the tax deducted from the same transaction is typically 0.0008-0.0017 BNB, about $0.46-0.98 That is to say, the tax deduction is 15 to 50 times that of the user's gas, which may be biased by a single data, but this bill should be carefully calculated. It is natural for launch pads to make money, pumpfun to make money from transaction fees, Fourmeme to make money from creation and graduation fees, Flap to make money from TaxProcessor and tax coin distribution services, all of which were originally business models. Even from a different perspective, if Flap can really generate such a large amount of agreement revenue in two years through the tax currency mechanism, it indicates that the business model of this platform is very strong.   From an investor's perspective, YZi Labs may have made the right investment by investing in it.   If this is revenue, then talk about it in terms of revenue; if it is gas cost, then talk about it in terms of cost.   It cannot be said that it is for the sake of user safety and tax separation, yet it is still an ambiguous technical document.   I agree with Flap's saying: "Survive from the market and provide value to the market So let's start with the simplest step, showing the bill and the user will judge whether it's worth it or not.   In the Smiling and Proud Jianghu, Yue Buqun's most powerful feature is not his martial arts skills, but the three words' gentleman sword '. He stood under the memorial archway of morality and said benevolence and righteousness, rules and justice of the Jianghu. But the more so, the more people need to know what he's hiding in his sleeve.