Inari

INARI
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Surge in AI-Generated Vulnerabilities Threatens Bitcoin Security

Surge in AI-Generated Vulnerabilities Threatens Bitcoin Security

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The Bitcoin Red Team reports a surge in AI-assisted vulnerability findings across Bitcoin projects, highlighting the urgency of addressing security flaws.
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Tando Nkube

Core Lightning Developers Issue Urgent Warning on Vulnerabilities

Core Lightning Developers Issue Urgent Warning on Vulnerabilities

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Core Lightning developers issue critical warning to node operators about vulnerabilities in AI-generated security reports, urging prompt updates or offline operation to secure payment channels.
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Kofi Adjeman

Experts Warn Against Short-Term Predictions for Bitcoin Prices

Experts Warn Against Short-Term Predictions for Bitcoin Prices

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Experts warn against over-reliance on single-day ETF flows for predicting Bitcoin prices, emphasizing long-term trends.
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Nguyen Van Long

Dormant Bitcoin Wallets Come to Life

Dormant Bitcoin Wallets Come to Life

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Six dormant Bitcoin wallets have moved a total of 55,359 BTC, worth approximately $40.15 million, between August 16 and August 26.
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Satoshi Nakamura

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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