One rate: 3%
RootMC has a single transaction tax of 3%. /tax shows the current rate. There are no reserve-based tiers: the rate is the same however much gp the server holds.
The tax is worked out on the exact amount and rounded to the nearest 1/18000 gp, the smallest unit RootMC stores. Receipts show it rounded to three decimal places.
What's taxed
| Action | How the 3% applies | Example |
|---|---|---|
/pay <player> <amount> | Taken from what the recipient gets. You send the full amount. | Pay 10 gp: they receive 9.7 gp. |
/payall <amount> | Each online player gets the amount minus 3%. You pay the amount once per player. | /payall 1 with 3 players online costs you 3 gp; each gets 0.97 gp. |
Minting gold with /mint | Taken from the gp you mint. | Mint 1 ingot: 0.97 gp goes to your wallet. |
Withdrawing gold with /mint gold | Added on top of what you withdraw. | Withdraw 10 gp of gold: 10.3 gp leaves your wallet. /mint gold max already allows for the tax. |
/pay and /mint receipts show the tax they charged.
What isn't taxed
- Paying the server account.
/pay server <amount>asks you to confirm with/pay server <amount> confirmwithin 30 seconds, and has no tax. The quote shows the exact command to type, with the amount written the way you entered it. - Buying a bond. Bond deposits are exempt. See Bonds.
- Loans. Borrowing and repaying have no tax. Loans have their own 10% interest. See Loans.
- Claim costs and refunds are prices, not taxes. See Claims.
The wilderness fee is a separate charge with its own rate. See Economy.
Where the tax goes
All tax goes to the server account (the reserve). Half of every tax collected is shared among active bonds as earnings, in proportion to how much each bond holds. The other half stays in the reserve. See Bonds.
If you have a loan
Income you receive goes to your loans first, after tax. For example, when someone pays you, the 3% is taken first and the rest goes to your loan. See Loans.