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Inari

INARI
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News

Chainlink Faces Critical Support at $1.25

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Chainlink is at a pivotal moment as it tests the $1.25 support level amid market fears.
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Tenzin Dorje

Litecoin and TRON Show Resilience Amid Market Volatility

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Litecoin and TRON are maintaining their market positions, providing stability for investors during uncertain times.
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Bayarjavkhlan Ganbaatar

China Launches New Weather Data Set to Boost AI Forecasting and Reduce European Dependence

China Launches New Weather Data Set to Boost AI Forecasting and Reduce European Dependence

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China is ramping up efforts to develop a homegrown weather data set, CMARA V1, to reduce reliance on European data sources like the ERA5 dataset.
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Mohamed Farouk

Bitcoin's Regime Score Indicates Tactical Upside Potential

Bitcoin's Regime Score Indicates Tactical Upside Potential

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Bitcoin's Regime Score has transitioned into a favorable zone, suggesting potential for positive returns in the near future.
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Elias Mukuru

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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