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Inari

INARI
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News

Linq's Strategic Pivot to AI Messaging Infrastructure Enhances User Experience

Linq's Strategic Pivot to AI Messaging Infrastructure Enhances User Experience

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Linq has pivoted to become an infrastructure provider for AI assistants in messaging apps, responding to market demand.
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Andrew Smith

Epstein's Alleged Role in Bitcoin Development Sparks Controversy

Epstein's Alleged Role in Bitcoin Development Sparks Controversy

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Recent interpretations of Jeffrey Epstein's correspondence suggest he had significant influence over Bitcoin's development, despite the decentralized nature of the cryptocurrency.
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Arif Mukhtar

Cboe's Binary Options Could Transform Prediction Market Landscape

Cboe's Binary Options Could Transform Prediction Market Landscape

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Cboe's entry into the binary options market may legitimize prediction-style trading and influence regulatory discussions.
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Leo van der Veen

Cboe's Proposed Binary Options to be Regulated by SEC and CFTC

Cboe's Proposed Binary Options to be Regulated by SEC and CFTC

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Cboe Global Markets has proposed binary options to be regulated by the SEC and CFTC, ensuring compliance and investor protection.
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Maya Lundqvist

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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