Transaction fees (5%) from Buying, Selling and Transferring $EGC help support the development of project’s ecosystem, generates passive income for holders and is used to stabilize the price. Once launched the utilities will be added to the system and 100% of all net profit will be used for BuyBack & Burn. This will raise the price of the token and create additional rewards for the holders. On May 8th 2023 we updated our Tax structure to 5% and modified the tokenomics. Since launch our prior tokenomics system of 14% tax operated flawlessly, allowing the project to accumulate 139,000+ holders whilst becoming the world’s leading stable-coin passive income token.