Users need to pay a 3% tax to the PLCU token contract each time they transfer on the chain.
According to PLCU’s contract burning mechanism, users need to pay a 3% tax to the PLCU token contract each time they transfer on the chain.
To this end, Bibox has formulated the processing rules for the deposit/withdrawal of PLCU tokens.
The details are as follows:
Before successfully reaching the Bibox account, a 3% tax will be charged by the PLCU network, and the balance will be credited to the Bibox account.
Due to the special burning mechanism of PLCU, Bibox will deduct 3% of the tax generated by the burning of the withdrawal network on the basis of the original withdrawal fee.