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Inari

INARI
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News

House Financial Hearing in New York Aims to Shape Digital Asset Regulation

House Financial Hearing in New York Aims to Shape Digital Asset Regulation

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A house field hearing in New York aims to build consensus around standard digital asset legislation, impacting market dynamics.
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Kofi Adjeman

BNB Maintains 578 Support as Inflation Relief Influences Market

BNB Maintains 578 Support as Inflation Relief Influences Market

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BNB maintains support at 578 as inflation relief influences market dynamics.
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Satoshi Nakamura

Cardano Foundation Takes Over Token2049 Event Organization

Cardano Foundation Takes Over Token2049 Event Organization

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The Cardano Foundation has officially taken over the organization of the Token2049 event from EMURGO as of July 15.
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Nguyen Van Long

Chainlink Integrates US Macroeconomic Data to Enhance Market Understanding

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Chainlink integrates US macroeconomic data onto multiple L1 chains to enhance market understanding.
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Jesper Sørensen

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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