This README provides an overview of the Reflective Token Contract, a smart contract that implements a token with buy and sell taxes, reflections, and customizable functionality.
- Token Address: The contract has a settable token address.
- Buy and Sell Taxes: Configurable tax rates for buying and selling transactions.
- Reflections: A portion of the taxes is distributed as reflections to token holders.
- Customizable Function: The remaining portion of the taxes can be allocated to a user-defined function.
The token address is set during contract deployment or can be updated by the contract owner.
- Buy Tax: Applied when users purchase tokens.
- Sell Tax: Applied when users sell tokens.
Both taxes are configurable and can be adjusted by the contract owner.
A percentage of the buy and sell taxes is automatically distributed to all token holders as reflections. This incentivizes holding the token and rewards long-term holders.
The remaining portion of the taxes (after reflections) is allocated to a customizable function. This allows for flexible use of the collected taxes, such as:
- Liquidity provision
- Marketing wallet funding
- Burn mechanism
- Any other functionality as defined by the contract deployer
To interact with this token contract:
- Set the token address (if not set during deployment).
- Configure the buy and sell tax rates. Set the reflection percentage.
- Implement the user-defined function for the remaining tax allocation. Please refer to the contract's functions and events for detailed information on how to interact with and monitor the token's behavior.
Ensure that only authorized addresses can modify tax rates and other sensitive parameters. Implement safeguards to prevent excessive taxation that could impede token transfers. Thoroughly test the user-defined function to avoid potential vulnerabilities or unintended behavior.
This token contract involves complex mechanisms. Users and developers should exercise caution and conduct thorough testing and auditing before deploying or interacting with the contract on any blockchain network.