Bureau/Consulate/Embassy
Last updated
Last updated
Since the dawn of civilisation, tax has been a vital source of revenue for most governments to fund essential services and infrastructure for their citizens.
Bureaus are tax reduction Buildings which reduce the tax of trading NFT items on the secondary market.
Since $RELIC is an uncapped token, its supply grows as more players join the game and earn them in-game. Taxing $RELIC on marketplace trading and its burning mechanism is one of the economic sinks to partially mitigate inflation.
There is a small tax for trading item NFTs on the secondary market. Bureaus help reduce the tax even more, achieving a true player-driven economy.
Bureaus can be upgraded to Consulates which then can be upgraded to Embassies. Each upgrade reduces the tax cast even more.
Rarity Level | Tax Reduction Building | Tax Reduction |
---|---|---|
Bureau | -1.5% | |
Consulate | -3% | |
Embassy | -6% |