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Inari

INARI
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News

SpaceX Acquires xAI to Tackle AI Power Challenges

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SpaceX has acquired xAI, merging rocket launch services with AI development to tackle the limitations of Earth-based infrastructure.
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Diego Alvarez

Starlink Revenue Expected to Fund xAI's Operations After Merger

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Starlink revenue is expected to support xAI's operations after its acquisition by SpaceX.
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Kenji Takahashi

BlockDAG Launch Dashboard Set to Go Live on February 2

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BlockDAG will launch a new dashboard on February 2, providing users with a fully integrated system for managing their investments and preparing for exchange access.
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Maria Fernandez

Referral Strategies Become Key to Success in ZKP Auction Stage 2

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Referral strategies are crucial for success in the ZKP presale auction Stage 2 as token availability tightens.
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Rajesh Kumar

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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