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Inari

INARI
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Bitcoin Bear Market Correction Signals Transition into Deeper Phase

Bitcoin Bear Market Correction Signals Transition into Deeper Phase

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The current bear market for Bitcoin has entered a deeper corrective phase, indicating a transition from an early pullback into a more mature bearish stage.
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Mohamed Farouk

Global Investors Adjust Portfolios as Japan's Fiscal Policies Shift

Global Investors Adjust Portfolios as Japan's Fiscal Policies Shift

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Global investors are rebalancing portfolios as Japanese government bonds regain appeal following Japan's snap election, impacting global markets.
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Elias Mukuru

Elon Musk Unveils Plans for a Lunar City

Elon Musk Unveils Plans for a Lunar City

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Elon Musk has announced his ambitious vision to build a self-growing city on the Moon with SpaceX.
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Diego Alvarez

National Security Concerns Raised in WLFI Investigation

National Security Concerns Raised in WLFI Investigation

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The WLFI investigation led by Congressman Ro Khanna explores national security concerns linked to financial transactions and US controls on AI semiconductor exports.
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Son Min-ho

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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