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Inari

INARI
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News

Ethereum's Holder Count Surpasses Bitcoin's by 32 Times

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Ethereum's holder count has surpassed Bitcoin's by 32 times, with over 18.9 million non-empty addresses recorded.
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Elias Mukuru

Market Sentiment Shifts, Impacting XRP Price Performance

Market Sentiment Shifts, Impacting XRP Price Performance

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Recent shifts in market sentiment have led to a pullback in XRP's price, despite strong buying activity in futures positions.
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Diego Alvarez

Michael Saylor's Strategy Could Acquire $30 Billion in Bitcoin

Michael Saylor's Strategy Could Acquire $30 Billion in Bitcoin

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JPMorgan analysts predict that Michael Saylor's Strategy could purchase approximately $30 billion worth of Bitcoin this year if the current acquisition pace continues.
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Kenji Takahashi

Russell 2000 Breakout Signals New Bitcoin Bull Market

Russell 2000 Breakout Signals New Bitcoin Bull Market

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Bull Theory suggests that the recent breakout in the Russell 2000 index signals the onset of another major Bitcoin bull market.
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Maria Fernandez

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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