📖 Economic Theory of Jager Tax Dividends - 'National Finance' in Web3
1. Analogy framework of the economy. In traditional economics, the operational logic of a country can be simplified as: GDP (Gross Domestic Product): total output/total income of society. Tax revenue: the state extracts a portion from economic activities for redistribution. Fiscal expenditure: the state sustains stability and development through expenditures that benefit society. In Jager's token economy, almost identical mappings can be found: National Economics Jager Economy Explanation GDP: on-chain transaction volume / total transaction fees, total economic activity of the system. Tax revenue: transaction fees, the 'transaction tax' levied on traders.
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