SILO is a noninflationary single asset staking platform for RAKE and bR34P designed to remove RAKE and bR34P from circulation and pay rewards in RAKE and bR34P through a value transfer from weak hands to strong hands using a 10% tax on deposits and withdrawals. 2% of the tokens collected from this tax are paid out instantly to token stakers in SILO and the rest go into a pool which is then drip distributed at a rate of 2% of the pool daily.
SILO is a future-proof way to compound profits made on BSC. A transaction tax of 10% is charged on deposits and withdrawals that is distributed as follows: 100% of fees collected are distributed to the community. 2% of the tokens collected from this tax are paid out instantly to token stakers in SILO and the rest go into a pool which is then drip distributed at a rate of 2% of the pool daily.