# Tokenomics

### Low Buy & Sell Taxes

Currently, our tax is currently **6% on each buy or sell transaction.** This **rate is the lowest** across DeFi 3.0 projects.  

* 2% of each buy/sell goes to existing holders via Reflections.
* 4% of each buy/sell goes into Multi-Chain Farming to add to the Yield Farming Treasury and support buy backs of $MCC tokens.

### **Hyper-Deflationary Setup**

Another important feature of our tokenomics is that **$MCC is a  hyper-deflationary token.**  We made this possible by initially sending 35% of the total supply into a “Black Hole” address which will forever compound, thus increasing the burn rate.  

Specifically:

1\)  tokens set to the **Black Hole address** can never be taken out because no user has the private keys to this [address](https://etherscan.io/token/0xc146b7cdbaff065090077151d391f4c96aa09e0c?a=0x000000000000000000000000000000000000dead).  

2\) the **reflections will continue to compound in this wallet**, removing more and more tokens out of circulation.   

![](https://2422406642-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F8l95VXgOM02qPwcvNBqq%2Fuploads%2FyrAtTalguafa7mBesNRU%2Fblack%20hole.png?alt=media\&token=1e7c27d5-6832-474f-aa0b-b736e0cbb46e)