> For the complete documentation index, see [llms.txt](https://mavatrix-doc-repository.gitbook.io/mavatrix-litepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://mavatrix-doc-repository.gitbook.io/mavatrix-litepaper/the-mvx-token/mvx-rewards-technology.md).

# MVX Rewards technology

The MVX is a deflationary Token, meaning that grows over time based on the transfers and exchanges happening on both DeX and CeX.

The Smart contract applies a 3% commission on every transaction/exchange/swap (additionally to the other 3% applied for the "keeperfee") and gets then redistributes live to the MVX Holders. This fee is called "**TaxFee**" and gets accumulated and re-distributed as reflections based on the weight of the holdings of each token holder relative to the total supply of the Token itself.

See more on our smart contract:\
<https://bscscan.com/token/0x10C9524DBF934B3B625Dce3bDC0efdc367F4E84b#readContract>

![](/files/PxdScQXK8fs49XSllj2m)

**TaxFees cannot be increased as it's written on our smart contract:**

> uint256 private constant MAX\_TAX\_FEE = 3;&#x20;

![](/files/OwxdgxphSCIZrgfp7oEi)