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Inari

INARI
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News

Lighters CEO Addresses Controversy Over Screening Algorithm

Lighters CEO Addresses Controversy Over Screening Algorithm

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Vladimir Novakovski, the CEO of Lighter, addresses the controversy over the screening algorithm, confirming an appeal mechanism exists but emphasizing the need for confidentiality to prevent manipulation.
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Filippo Romano

Charles Hoskinson Predicts Bitcoin to Reach $250,000 by 2026

Charles Hoskinson Predicts Bitcoin to Reach $250,000 by 2026

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In a recent interview, Cardano cofounder Charles Hoskinson projected a significant price increase for Bitcoin by 2026, expecting it to reach around $250,000 due to institutional demand.
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Emily Carter

Robinhood's Dogecoin Giveaway Sparks Bitcoin Speculation

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Robinhood's giveaway of $500,000 worth of Dogecoin has sparked speculation about a potential Bitcoin giveaway, leading to increased discussions about Bitcoin's price movements.
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Tomas Novak

BEAT Token Faces Challenges After Recent Price Surge

BEAT Token Faces Challenges After Recent Price Surge

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The BEAT token has seen a 17% price increase but may face challenges due to upcoming token unlocks.
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Katerina Papadopoulou

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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