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Inari

INARI
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News

Crypto Investment Funds Face Continued Outflows Amid Market Slowdown

Crypto Investment Funds Face Continued Outflows Amid Market Slowdown

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Crypto investment funds have faced a fifth consecutive week of net outflows, totaling approximately $4 billion over five weeks, with a significant decline in trading activity.
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Ayman Ben Youssef

Blockchain Association Unveils New Tax Principles for Digital Assets

Blockchain Association Unveils New Tax Principles for Digital Assets

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The Blockchain Association has introduced a framework to guide lawmakers on digital asset taxation as discussions around the CLARITY Act continue.
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Son Min-ho

Market Leverage Ratio Declines, Indicating Reduced Speculative Positioning

Market Leverage Ratio Declines, Indicating Reduced Speculative Positioning

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The Estimated Leverage Ratio in the crypto derivatives market has sharply declined, suggesting a reduction in speculative positioning and a calmer market environment.
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Tando Nkube

Castle Labs Warns of Overbuilt Crypto Market

Castle Labs Warns of Overbuilt Crypto Market

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Castle Labs warns that the cryptocurrency market is overbuilt, with most tokens likely to lose value unless they demonstrate real business traction.
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Kofi Adjeman

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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