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Inari

INARI
Official links

News

New Editorial Guidelines Introduced to Improve Reporting Standards.

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A new editorial policy has been launched that emphasizes accuracy, relevance, and impartiality in reporting.
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Bayarjavkhlan Ganbaatar

Magic Internet Money Faces Pressure Below Dollar Peg

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Magic Internet Money, a stablecoin from the Abracadabra ecosystem, has fallen below its intended dollar peg, raising concerns about liquidity and market stability.
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Diego Alvarez

House Financial Services Committee Releases New Report

House Financial Services Committee Releases New Report

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A new report has been released by the House Financial Services Committee, emphasizing a strict editorial policy that focuses on accuracy, relevance, and impartiality in financial reporting.
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Kenji Takahashi

MemeCores M Token Faces Major Selloff, Traders on Alert

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MemeCores M token has experienced a significant selloff, dropping over 70% in value, raising concerns about liquidity and insider trading.
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Maria Fernandez

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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