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Inari

INARI
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News

HSBC Significantly Lowers Tesla Stock Price Target

HSBC Significantly Lowers Tesla Stock Price Target

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HSBC has significantly lowered its 12-month target for Tesla's stock from 133 to 119, maintaining a Sell rating amid concerns about brand damage and competition.
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Rajesh Kumar

NHTSA Intensifies Investigation into Tesla's Full Self-Driving System

NHTSA Intensifies Investigation into Tesla's Full Self-Driving System

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NHTSA escalates investigation into Tesla's Full Self-Driving system affecting 32 million vehicles due to safety concerns.
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Jesper Sørensen

Nervos Network Links Token Value to Storage with Unique Economic Model

Nervos Network Links Token Value to Storage with Unique Economic Model

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Nervos Network employs a layered blockchain design, tying token value directly to storage space and network usage.
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Filippo Romano

ZKsync Enhances Ethereum Scalability with Low Fees and High Security

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ZKsync enhances Ethereum scalability by utilizing zero-knowledge rollups, reducing fees and increasing transaction speed while maintaining security.
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Emily Carter

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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