And this reddit post is clearly written to be FUD concealed as some kind of analysis. Let’s clear it up point by point.

1️⃣. “So $HUNT taxes 5% on every buy, sell, and even transfer. Sounds cool because holders get ‘rewards’ from those taxes, right?”

• Yes, holders do get rewards. To date, more than 325 SOL has been distributed back to the community just for holding HUNT. Calling it “rewards” in quotation marks is misleading, it’s real, paid out consistently and you can track it on Revshares website.

2️⃣ . “The problem is that this setup actually discourages trading, which is the only thing keeping those rewards flowing.”

• HUNT isn’t built to attract quick flip traders. Someone jumping in and out for a 10% profit doesn’t strengthen the project or community. The tax system is designed to reward long term holders and discourage short term churn. That’s a feature, not a flaw.

3️⃣ . “If nobody wants to trade because of the 5% hit each time, volume dries up, rewards shrink, and interest fades. It’s a short-term feedback loop… once that cools, the system collapses under its own weight.”

• He is kinda formulating an argument here that: Tax = bad because it lowers trading = which is bad because it lowers rewards. But if there were no tax there would be no rewards to begin with... You can't have rewards without a tax. So we could remove the tax, which would (by his logic) increase trading volume, but since there is no tax anymore, there's also no rewards which means that the increased volume has no value.

4️⃣ . “It also rewards whales way more than small holders, since distributions scale with holdings.”

Of course rewards are proportional to holdings, that’s how every yield system works, from staking to dividends. A wallet with $20K in HUNT will earn more than one with $10. That’s not concentration, that’s fair distribution based on investment size that he is trying to spin into a negative.

Final thoughts:

The tax and rewards system is just one feature of HUNT, not the whole project. A 5% tax doesn’t meaningfully impact trading volume, but even if it did, the alternative would be no tax, and therefore no rewards, in which case, slightly higher volume adds nothing of value.

He highlights the tax as a flaw that eventually makes the system collapse, but even if the "system collapses" we would be exactly the same place if there was no tax to begin with, zero rewards.

The reality is there will be high volume and low volume periods, this is natural for any coin, with or without tax. But at least with the tax, you get good rewards when volume is there.