TechFlow reports that Injective has partnered with DojoSwap, an AMM DEX in the Injective ecosystem, to launch the CW20 reflection standard.
This standard enables the creation of tokens with customizable protocol fee-sharing parameters, available in two forms: pure tax tokens and reflection tokens.
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Pure tax tokens impose a fee on every token transfer, which can either be burned or sent to a treasury contract for later withdrawal.
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Reflection tokens collect fees and use them to acquire a designated target token, which is then distributed to holders of the reflection token.
The standard also supports customizable tax parameters, maintains compatibility with the CW20 standard, and includes a whitelist mechanism to exempt certain transfers from taxation.
Previous report: DojoSwap and Injective jointly introduced the CW404 standard.
