Inari

INARI
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News

New Report Released Based on Sec Information

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A report has been generated based on the information released by Sec. This release aims to inform the public and increase awareness of the information provided.
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Arif Mukhtar

Metaplanet Acquires Additional 1,007 Bitcoin, Reaches 20,000 BTC Milestone

Metaplanet Acquires Additional 1,007 Bitcoin, Reaches 20,000 BTC Milestone

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Metaplanet has acquired an additional 1,007 Bitcoin for $69 million, reaching a total of 20,000 BTC.
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Maria Gutierrez

New Editorial Guidelines Introduced to Guarantee Accurate Reporting.

New Editorial Guidelines Introduced to Guarantee Accurate Reporting.

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A new editorial policy has been launched that emphasizes accuracy, relevance, and impartiality in all reports.
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David Robinson

Jim Cramer Proposes Major Nvidia Stock Buyback

Jim Cramer Proposes Major Nvidia Stock Buyback

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Jim Cramer suggests Nvidia should quintuple its stock buyback authorization to $500 billion.
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Andrew Smith

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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