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  • Active users:66.47M
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Inari

INARI
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News

Roman Storm Set for Retrial on Money Laundering Charges

Roman Storm Set for Retrial on Money Laundering Charges

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Federal prosecutors are moving to retry Roman Storm, co-founder of Tornado Cash, on charges of money laundering and sanctions violations.
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Kenji Takahashi

US Treasury Recognizes Legitimate Uses of Crypto Mixers

US Treasury Recognizes Legitimate Uses of Crypto Mixers

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This month, the US Treasury informed Congress that crypto mixers have legitimate uses, including protecting consumer privacy.
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Maria Fernandez

Bitcoin Emerges as a Safe Haven Amid Geopolitical Tensions

Bitcoin Emerges as a Safe Haven Amid Geopolitical Tensions

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Bitcoin is gaining traction as a preferred safe haven asset during the ongoing Iran-US conflict, according to crypto expert Anthony Pompliano.
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Gustavo Mendoza

Ethereum Reclaims $2,000 Level Amidst Market Recovery

Ethereum Reclaims $2,000 Level Amidst Market Recovery

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Ethereum has regained the $2,000 level after weeks of volatility, signaling a brief relief for the market.
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Rajesh Kumar

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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