🚨 Tax Farming and Bundling on ETH and Base #TheMemeShow

The Twitter Space was a deep dive into the unethical practices of tax farming and token bundling, with experts like UniSwap Villain providing a wealth of knowledge on avoiding pitfalls in the industry. Discussions contrasted the Salana and Ethereum ecosystems, the latter being criticized for exploitative tax rates. Tools for investment tracking and management were highlighted, affirming the need for higher integrity in blockchain practices.

Tax Farming and Bundling

UniSwap Villain

Discussed the problematic nature of tax farming and its implications in the blockchain industry. Explained the concept of bundling, its ramifications, and how some projects exploit it for significant profit. Spoke about projects on Salana compared to Ethereum and highlighted tools used for monitoring and managing investments in crypto tokens.

Sugar

Highlighted the preferability of coin trading on Salana over Ethereum due to the latter's prevalent tax farming and excessive token utility justifications. Expressed frustration with complex rules on EVM chains and desire for simplification.

PENS

Gave insights on tax brackets visibility on DEX tools and the necessity of staying within reasonable tax limits for community benefit.

Make The World

Appreciated UniSwap Villain's educational contributions, emphasizing their value in avoiding burns on new token contracts.

Dr. Knots

Spoke out against high tax farming, agreeing with criticisms, and distancing himself from creating the tax farming meta.

Overall Summary

The discussion was centered around tax farming, bundling, and the manipulative practices seen in the industry. Also covered were Salana vs. Ethereum ecosystems, how to manage and track token investments, and UniSwap Villain's role as an informational resource and leader in the space. Experts shared opinions on what constitutes sensible and sustainable tokenomic practices.