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BEPR, benefits, and taxes

By Warren Hayes | November 4, 2021

Benefits of BEPR

BEPR is a unique token that serves the entire blockchain ecosystem (integrated by DEX, CEX, NFT, entertainment environment, also marketing, and educational platforms), unlike other tokens on the market. 

Moreover, its hyper-deflationary model creates the ideal conditions for a domestic payment token that continuously increases in value without injecting liquidity into it. So it is designed to be less volatile than other cryptocurrencies by linking its market value to an external asset such as the US dollar but fulfilled in Euros.

Then, BEPR is a safe investment as it is backed by an ecosystem of products and is part of a much bigger plan. Let’s take a look at how it works.

How does BEPR work?

BEPR incurs a 10% tax on each transaction used to keep its price under control. How is this possible? Well, buying back the tokens and burning them; as a result increasing the cost.

That percentage is collected and redistributed to BEPR holders, administrators for company development, marketing, and charity.

Financial Benefits

The BEPR token protocol is based on the reflection mechanism. Therefore, every time token transactions are made, 3% of the fee will be reflected in the holders’ wallets.

Stable growth

Liquidity is locked in for three years, making BEPR a more sustainable token. Luckily, this liquidity locked in Pancakeswap pools makes BEPR’s price floor hit the sky.

Another 3% goes to LP Holders, which provide liquidity pairs to DEX based on the BEPR token.

Providing solutions
The other 4% is divided into several sections.

To have a successful business, the team needs to have funds for marketing and development; about 3% is taken from each transaction.

Contributing to the well-being of disadvantaged social groups is also an essential part of our work. That’s why 1% of the revenue from our blockchain ecosystem is donated to charities. 

Blockchain Euro Project (BEUROP) will combine the advantages of the world’s second most traded currency with the transparency, immutability, and efficiency of the blockchain. Therefore, our investors will receive real financial benefits by being in a single community of partners and in a single digital environment.

Detailed source information here.

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