The Web3 Project WhitePaper
Search…
⌃K

Circuit Breaker

The circuit breaker is an anti-dump function that is automatically enabled as soon as the price drops by more than 0.5% in 5 minutes, it involves a change in taxes which will be 0% Buy Tax and 9%+ Sell Tax. (14% slippage) If your sell happens to trigger the Circuit Breaker, whatever amount after the 0.5% is taxed by the CB. CB can go up to 30% depending on the Impact Tax Impact Tax on CB = +1% per 0.1% price impact. If CB Tax is 20%, slippage should be around 49% 100% of the taxes will go to LP Circuit Breaker is a very basic system in the stock market and well-known for great stability.
You can also be able to see the status (whether it is ON or OFF) in our dashboard.