# Transaction Tax

Minotaur.Money is one of the first decentralized reserve currencies that has instituted a **Transaction Tax**! This tax incentivizes holding by redistributing tokens from sellers to holders.

* Sending MINO to LP pairs carries a 6.66% transaction tax
  * Selling MINO via LP pairs is taxed
  * Additional LP pairs will be added to the list of taxed addresses if created
* Taxed MINO is redistributed to stakers
  * 6.66% of taxable MINO transactions will be immediately sent to the MINO staking contract
  * During rebases, the taxes are divided proportionally amongst all MINO stakers
* By default, MINO transactions carry no transaction tax
  * The helper contract on our website must be used for forming/breaking of MINO/CRO and MINO/DAI LP tokens to be exempt

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The transaction tax mechanic charges a 6.66% penalty for selling MINO that is redistributed proportionally to all MINO stakers!
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