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Inari

INARI
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News

Bitcoin Price Approaches Cyclical Bottom

Bitcoin Price Approaches Cyclical Bottom

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Recent analysis indicates that Bitcoin is currently at a significant price level, suggesting a potential cyclical bottom.
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Li Weicheng

Bitcoin Price Declines Amid Bear Market

Bitcoin Price Declines Amid Bear Market

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Bitcoin's price is significantly below its all-time high, indicating a bear market.
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Aisha Farooq

Bitcoin Sharpe Ratio Indicates Market Conditions

Bitcoin Sharpe Ratio Indicates Market Conditions

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The Bitcoin Sharpe Ratio is at a historically low level, suggesting high risks for current investors.
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Tenzin Dorje

CFTC Expands Eligible Margin Collateral to Include National Trust Bank Issued Stablecoins

CFTC Expands Eligible Margin Collateral to Include National Trust Bank Issued Stablecoins

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The CFTC has updated its advisory to recognize payment stablecoins issued by national trust banks as eligible margin collateral.
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Bayarjavkhlan Ganbaatar

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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