What you described is a purchase tax. Sales tax must be paid by the seller. This is logical. And 8% is a lot. Imagine yourself as a speculator. You bought 0.00017 million LUNC for $170. The price must rise to 0.0001836 to reach 0. But you need to earn something. Traders will not use this tool with such a commission.
But, in my opinion, it is the sales tax that can pull the TERRA CLASSIC project. Certainly not 8%. Enough 1%.
The total trading volume for the asset is $120,000,000. Approximately half for sale. That is, $60,000,000. 1% of this volume is $600,000. 2/3 of the amount must be sent to a burning address. 1/3 of the amount should go to buy back USTC from the owners who bought the asset before the collapse. This is compensation. Burn the redeemed coins. Thus, it is possible to compensate USTC investors for losses during the year, and burn at least a trillion LUNC. Which cannot but affect the return of investor confidence and the growth in asset prices. The only way. Big falls require big efforts to recover. We won’t get off with half measures.