> For the complete documentation index, see [llms.txt](https://ostr.gitbook.io/ostr-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ostr.gitbook.io/ostr-docs/the-token/launch-tax.md).

# Launch Tax

The launch deflationary tax applies to **both buys and sells**. The tax starts at 90%, steps down during the first 65 minutes, and remains at 10% afterwards.

> This is the intended launch schedule for the project. The final deployed contract should be checked before trading.

## Launch schedule

| Time after launch | Buy tax | Sell tax |
| ----------------- | ------: | -------: |
| 0–5 minutes       |     90% |      90% |
| 5–25 minutes      |     50% |      50% |
| 25–30 minutes     |     45% |      45% |
| 30–35 minutes     |     40% |      40% |
| 35–40 minutes     |     35% |      35% |
| 40–45 minutes     |     30% |      30% |
| 45–50 minutes     |     25% |      25% |
| 50–55 minutes     |     20% |      20% |
| 55–60 minutes     |     15% |      15% |
| 60–65 minutes     |     10% |      10% |
| After 65 minutes  |     10% |      10% |

## Tax over time

![Obol Strategy original launch tax graphic](https://477696132-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F0g8vmgPwoT5aEggNMFci%2Fuploads%2FyGIbjeRNA3V6f20pG0MG%2Fostr-launch-tax-graphic.png?alt=media)

Both buys and sells follow the same schedule. The permanent tax is **10% after minute 65**.

## Tax distribution

The tax revenue split is intended to be:

* **70% to the $KNTQ reserve**
* **30% to operations**

This 70/30 distribution is separate from the launch tax rate itself. The final implementation and contract addresses must be confirmed on-chain.

A 90% launch tax is extremely high and can materially affect trading outcomes. Verify the live contract and exact terms before interacting with any token.