> For the complete documentation index, see [llms.txt](https://negative-tax-1.gitbook.io/negative-tax/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://negative-tax-1.gitbook.io/negative-tax/the-future-of-smart-contracts/what-is-neta.md).

# What is NETA?

NETA is the **first ever negative tax token** on the Base Chain. \
\
This unique contract incentivises investors to not only purchase but also hold their tokens bought. NETA's ecosystem also includes a cross chain aggregator swap which ultimately simplifies the process of bridging and swapping tokens on Base chain.

A unique contract which provides ETH rewards for holders alongside a revenue generating utility which directly contributes to buyback and burns of $NETA, makes this a one of a kind project on Base.

<figure><img src="https://66639523-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FeBOysT3BS5FrPYH0Ix2F%2Fuploads%2FRAS1bpdcHuiCUynOXOJF%2Fsketch1716423135049.png?alt=media&amp;token=c0f793e0-1653-478c-ac0e-98ce2a8835fb" alt=""><figcaption></figcaption></figure>