Snowmoon · chapter 6

The sales tax was sent to the government in real time, automatically.

Every trade of $ZC on sender pays a 1% fee. 0.7% is the Veridian sales tax, collected on-chain by the market itself and paid to the zipcoin treasury. Nobody audits a spreadsheet. The chain is the receipt.

Treasury

Payment succeeded.

Sales tax (0.7% of volume)

…

Vetting fees on zips (0.5%)

…

Burned to speak

…

Speeches

…

Zipped right now

…

Sales tax

0.7% of every trade, in ETH, forever. Funds the relayer, the vetting and the builders. Stated plainly.

Vetting fee

0.5% of each zip, in ZC. Pays for the association set that keeps the pool clean.

Relay fee

1% of each unzip or anonymous speech, in ZC. Covers mainnet gas so your new address stays unlinked.