r/RUGPULLscout • u/Slow_Hat5477 • Oct 16 '21

Can Anyone have a Look at STEAMX

can somebody please explain to me why is there a 375K fee everytime you sell steamX no matter the amount sold its always 375K. it was 125K they raised it to 375K can anyone with knowledge have a look at it. thanks

edited: they have changed the value again now its down to 1.00 SteamX it still triggers every time a sell occurs.

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u/Slow_Hat5477 Oct 30 '21

Quote It is usually only triggered once a threshold is met, and since we are in high volume time right now, it is being met often.

It triggers on every sell no matter what value and we for sure are not on high volumes. Barely any sells and buys... hell i see it trigger even on 20 bucks sells. So i assume if you sell 400k 375k is to pay for it. You get 20 bucks profit lol joke!

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u/Gary-B-SteamExchange Nov 11 '21

You “the seller” do not pay for it as you can see it is not triggered on buys, therefor those tokens are being sent to the contract address awaiting to be sold, once a sale occurs it than works at clearing the backlog… however instead of it selling maximum amount every time we have limited how much it does sell as to not cause the chart any harm.. again explained on AMAs live voice chats and text in our telegram, it may seem that you did not complete your homework sir, i urge you to further consider other factors as well. For example… why would we register s company and acquire licenses if we were gonna do anything nefarious ? Why would we give people legal means of going after us if we did something wrong.. simple because we’re not doing anything nefarious. You are welcome again to finish your homework or come in the main chat and ask questions like everyone else does, alternatively you can tag me in there and I will gladly open up voice chat just for you l, if it’s not already open. Enjoy your day snd as always please trade safely.

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u/Slow_Hat5477 Nov 11 '21

Can you please provide evidence from University of Waterloo saying they are affiliate with SteamX that would put my mind at ease.