• Dapps:16.23K
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  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Inari

INARI
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News

Alphabet GOOGL Stock Surges Following DOJ Case Win

Alphabet GOOGL Stock Surges Following DOJ Case Win

chest
Alphabet's stock has seen significant gains after a favorable legal outcome and strong AI prospects.

Jesper Sørensen

Backed Finance Launches xStocks in Switzerland

Backed Finance Launches xStocks in Switzerland

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Backed Finance has registered in Switzerland to issue xStocks, digital representations of stocks like Tesla and Nvidia, attracting 30,300 unique holders.

Rajesh Kumar

Trump's Potential Meeting with Xi Jinping Gains Traction

Trump's Potential Meeting with Xi Jinping Gains Traction

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Traders on Kalshi are optimistic about a potential meeting between Trump and Xi Jinping this year, pricing in a 73% chance of occurrence.

Lucas Weissmann

Rekt Drinks' New Moon Crush Flavor Expected to Sell Out in Minutes

Rekt Drinks' New Moon Crush Flavor Expected to Sell Out in Minutes

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Users on the prediction market Myriad are betting on whether Rekt Drinks' new Moon Crush flavor will sell out in under five minutes, reflecting the brand's growing hype.

Filippo Romano

What is Inari?

Inari is a reflective ERC-20 community token with a dynamic fee structure, buyback, and black hole mechanics, which rewards holders, especially when whales take profit. The token is characterized by two taxes both on buys and sells: the liquidity fee is split between buyback funds and marketing wallet; the redistribution is reflected to holders. The difference between the two taxes is that the buy tax is fixed, while the sell tax is directly proportional to a sell's price impact, with minimum of 10% fee and maximum of 40% fee. Every time a sell occurs, the contract buys back an amount of tokens proportional to the price impact as well. This amount is determined as follows: buyback = baseAmount * (1 + (dynamicFee - staticFee) / staticFee) * K. All the tokens bought back are sent to the dead address to be burned. Finally, since 60% of the initial supply was burned upon launch, and since the dead address also collects fees, as well as receiving the burned tokens, Inari is ultimate hyper-deflationary undumpable token.

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