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Inari

INARI
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News

OpenAI Unveils GPTRosalind, a New AI Model for Life Sciences

OpenAI Unveils GPTRosalind, a New AI Model for Life Sciences

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OpenAI has launched GPTRosalind, a domain-specific AI model designed to enhance research in biology and drug discovery.
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Jacob Williams

Robert Dunlap Sentenced to 23 Years for Cryptocurrency Fraud

Robert Dunlap Sentenced to 23 Years for Cryptocurrency Fraud

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Robert Dunlap has been sentenced to 276 months in federal prison for orchestrating a $20 million cryptocurrency fraud scheme involving the Meta 1 Coin.
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Ayman Ben Youssef

Dunlap's Lavish Lifestyle Funded by Fraudulent Scheme

Dunlap's Lavish Lifestyle Funded by Fraudulent Scheme

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Dunlap funded a lavish lifestyle through a fraudulent scheme, spending $215,000 on a Ferrari and other luxury items while deceiving investors.
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Zainab Kamara

Dunlap's Fraud Involved Fake Art and Gold Claims

Dunlap's Fraud Involved Fake Art and Gold Claims

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Dunlap falsely claimed that his Meta 1 Coin was backed by a $1 billion art collection and $2 billion in gold, deceiving investors.
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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.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.