Luna Finance
  • Overview 🌚
  • Next Generation Presale 🌙
  • Contract Information ✅
  • Never-Seen-Before Features
    • Seeping Claim (Presale) 🚀
    • Seeping Harvest ⭐️
  • Features
    • Transfer Tax 🔥
    • Emission Reduction Scheme (Max Supply) 😍
    • Harvest With a Twist ✨
    • Farmer Tax Exemption ❎
    • VIP Pools ☄️
    • Referral System 😎
    • Capped Pools 💥
  • Links
    • FAQ Links
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  1. Features

Farmer Tax Exemption ❎

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Last updated 3 years ago

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As mentioned under Transfer Tax, our native tokens $LUNA and $NOVA have a transfer tax. However, we have upgraded the code such that it does NOT apply for staking, unstaking and harvesting native tokens on our farm. The main focus of yield farms should be to retain the price of the native token, and the transfer tax does help in providing deflationary pressure on the native token.

However, it will be deemed unfair to the native tokens holders should they be charged with a transfer tax of 8-10% for staking, unstaking and harvesting, something that other protocols failed to implement on their yield farms.