source avatara

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i haven't taken a close look at one of these T22 transfer-extension tokens until now and don't think anyone else has either out of roughly 481,000 txs of $RAYCAT only 175,000 txs were taxed /w majority coming from 157,000 swaps 937M $RAYCAT was taxed through these txs which is roughly equal to the entire supply so 31.2B $RAYCAT tokens were charged a 3% tax by the T22 transfer-extension nearly the entire supply of $RAYCAT has been dumped onto the market and converted to $RAY then distributed back to holders of the token at least once so far this is honestly no different than the pools having 3% swap fee themselves since so little of the $RAYCAT taxed was from direct transfers about 56M which is roughly 6% that's the only extra $RAYCAT value captured by the T22 extension compared to a regular fee on the pool itself if any of these tokens ever made it onto CEXs, it would make the numbers more interesting prolly

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