Floor: After Taxes π
The first thing you should do after securing your MOASS tendies is put some away for taxes (the government's tendieman), so it goes without saying that this should be factored into floor price.
Well, as but a simple smooth-brain, numbers are hard and everybody's taxes are going to be different. Let's assume they are going to take 50% to make the math easy and simply double the pre-tax adjusted floor? Thus, $20M floor would mean selling at $40M
Or, we could make the math even easier and assume they are going to take 90% of your tendies and multiply our pre-tax adjusted floor by 10? Apes like adding zeros behind their total number of bananas!
TL;DR Remember the government's tendieman too! The price you sell at for your floor should be tax-adjusted, so multiply your floor by 2 (or even 10!) times to make sure you pay your fair share but still get all of your tendies!
Posted May 30, 2021, 3:09 PM UTC