Each trade has a small fee deducted to pay for marketing ventures and the further development of the Puli Ecosystem on decentralized exchanges. These ventures allow PULI to reach out to worthwhile technology and marketing partners to further develop and build out the plans for the Puli Ecosystem such as the Play-to-Earn games that PULI develops.
Long term storage of marketing funds are secured through a multi-sig protocol. What this means is that our strategic reserves are not controlled by a single team member. For even the smallest of amounts to leave the wallet, at least 2 of the signatories on the multisig must sign off on the transaction. This ensures that the marketing funds are truly being used to develop the Puli Ecosystem.
The treasury funds are mainly used for two things:
First, it is used for the continued development of the Puli Ecosystem, this includes hiring developers, facilitating partnerships, and compensating contributors to the project.
Second, it is used to ensuring fast-tracked growth and adoption of the Puli Ecosystem. This includes an aggressive marketing campaign, paying for CEX listings, pay for ads, onboarding influencers and ambassadors, and charity donations.
The marketing tax on all buys and sells is as follows:
Buys: 10% (1% for liquidity pool sustainment and 9% for development and marketing)
Sells: 10% (1% for liquidity pool sustainment and 9% for development and marketing)