There will be changes to our burn tax plan. It was planned to increase the burn tax in the next 12 months from launch, but this is done manually and the contract owner’s ability to increase the tax to 100% causes insecurity at Paper Dragon. The maximum burn fee and contract renounce will be accelerated. The burning fee will be 4% for both buying and selling. If anyone thinks the burn tax should be lower or higher, it would be good to hear about it.

Paper Dragon was launched on September 24, 2022 at 12:00 GMT with the goal of burning 50% of the supply without shortcuts. Paper Dragon is a burnable token. With each buy/sell/transfer, a small percentage of the amount will burn forever, reducing the total supply. Burn tax starts as low as 0% — 1% and increases over a 12-month period until it reaches 5%. Transfer tax is 2% and does not change. There was no private sale, pre-sale or pre-launch airdrop. There will never be airdrops.