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Inari

INARI
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News

Bitcoin and Solana May See Rebound This Month, Says Expert

Bitcoin and Solana May See Rebound This Month, Says Expert

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Market expert Alex Cardichi highlights potential catalysts for Bitcoin and Solana that could trigger a rebound rally this month.
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Son Min-ho

Zcash Experiences Major Price Surge Amidst Bear Market

Zcash Experiences Major Price Surge Amidst Bear Market

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Zcash has experienced a significant price increase of around 60% over the last 30 days, contrasting with the overall bearish trend in the crypto market.
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Ayman Ben Youssef

Kraken Delays IPO Plans Until 2027

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Kraken, the crypto exchange formerly known as Payward, has delayed its plans to go public in the US until at least 2027, following layoffs of approximately 150 employees and market pressures.
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Tando Nkube

Bitcoin Faces Major Selloff as Price Drops Below $78,000

Bitcoin Faces Major Selloff as Price Drops Below $78,000

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Bitcoin has dropped below the critical $78,000 level due to intensified selling pressure and market uncertainty.
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Nguyen Van Long

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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