# Matrix Token

## Token specifications

Network: Binance Smart Chain (BSC)

Token Type: BEP-20

Token Name: Matrix

Token Symbol: MTRX

Token Decimals: 9

Total Supply: 10,000,000,000 MTRX

Locked Balance: 2,500,000,000 - will be distributed to all NFT holders.

WHALE Protection: Users cannot buy/sell more than 1% of the total supply in a single transaction (100,000,000 MTRX).

## Fees and taxes

10% fee will be applied on every buy or sell transaction and it will be distributed as it follows:

   -3% - Liquidity Fee

   -7% - Txn Fee (distributed to all holders in the form of MTRX)

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**Matrix applies high fees in order to maintain the liquidity and constantly building price floor.**
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