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Claim Reward and Tax
Every PPP earned from NFT Hero daily farm**, Selling NFT Hero/Pet, Selling NFT Items** in the Game is consider Player Income and will be a Taxed if Player want to claim it out to On-Chain PPP
There is a minimum amount to Claim PPP to On-Chain, you can only claim when you have greater than or equal to 20 in-game PPP. For non P2E player (player whom doesn't own any NFT Hero) this limit is 120 PPP. *This minimum claim limit may be adjusted in the future.

## 1.Dynamic Tax Rate

The tax model is based around a fact that Claim PPP reward out have a cool-down period. When the game is launched this period is first set to 3 days. Then increasing by one day every week. At 4 weeks after Game launching, this cool-down period will be 7 days. Then it will be keep constant until further notice.
Every time you want to claim your PPP, a portion of your claimed amount will be taxed. Based on this model of 3 brackets: 20%(free) 30%(low-tax) 50%(high-tax)
20% of your total unclaimed In-Game PPP is free to claim.
30% of your total In-Game PPP will be taxed using curve formula follow a targeted price P1 with (b)ase is 30% and (M)ax rate is 50% (min 20%)
$r1 = M-b *|ln(P/P1)|$
50% of total In-Game PPP will be taxed using curve formula follow a targeted price P2 with (b)ase is 50% and (M)ax rate is 80% (min 30%)
$r2 = M-b *|ln(P/P2)|$
P is current price of token PPP
P1 is following 25 days MA (Moving Average) of price of token PPP
P2 is following 7 days MA (Moving Average) of price of token PPP
This tax rate formula will create a incentive for Player to hold the PPP coin when the current Price start drifting from targeted price. The further price is moving away the lower the tax rate.