Introduction

INUKO is cute but she packs a punch! Inuko coin is a DeFi DAO coin designed to help the small retail crypto investor beat the bear market.

They are making DeFi fun and yet rewarding!

As a holder of INUKO not only will you be entitled to stable coin rewards automatically fed into your wallets, you can also participate in their governance to contribute your opinions in making major & important decisions that will change the course of INUKO.

Watch the amount of stable coins grow in your wallet as INUKO holders automatically receive a 6% fee from every on chain transaction that happens on the Inuko ecosystem. The community receives more rewards from the fees generated each transaction.

How it works

INUKO accumulates profits via taxing every transaction and redistributing it back to our holders through reflections, bonding, and staking Defi products

What Is Staking

Staking is the primary value accrual strategy of INUKO Coin. Stakers stake their INUKO on the INUKO DAPP to increase their shares.

Shares increase based on a fixed multiplier global variable of 2.5x. For instance, if a user owns 100 coins which is equivalent to 100 shares; upon staking, the user still owns 100 tokens/shares held by the staking contract but his shares are now 250.

Whenever reflections are being distributed, the user’s shares are now higher with no change in number of tokens. With staking, the user gets a bigger share of REFLECTIONS in USDT.

The payout

Every transaction would have a 12% tax and 6% of it will go to reflections.

Reflections are redistributed to the holders in accordance to the amount of shares each holder owns. The bigger share a user has, the bigger share of reflections he gets. Reflections are redistributed using the stable coin, USDT.

What are Reflections

Every transaction would have a 12% tax and 6% of it will go to reflections. REFLECTIONS are the shares that are redistributed to the holders. The users will receive reflections based on their shares.

The bigger share a user has, the bigger share of reflections he gets. Reflections are redistributed using the stable coin, USDT. Note: that UNSTAKING can only happen 60 days later. If, in instance, the user decides to add tokens for STAKING, the staking duration (60 days period) refreshes.

Reflection tokens (sometimes called reward tokens) are cryptocurrencies that reward holders with new tokens in their wallets, by employing a mechanism in which transactions are taxed and a percentage of the tax charged is redistributed to holders of the token. Reflection tokens allow crypto newcomers to join without learning about yield farming, staking, and liquidity mining.

How does Reflections work

Any cryptocurrency asset that compensates owners by adding new cryptocurrency to their wallets is referred to as a Reflection Token. Other DeFi investment strategies like staking and yield farming have as their main objective generating additional coin. Reflection tokens, on the other hand, pay coinholders without requiring them to move any money, join any staking pools, or even check their cryptocurrency wallet.

Typically, a percentage tax on all native token transactions is used to fund reflections. Coin holders receive an immediate redistribution of the tax, typically based on the volume of their holdings.

What is a Share

Shares represent equity ownership in a corporation or financial asset, owned by investors who exchange capital in return for these units. For some businesses, shares are a type of financial instrument that allows for the equal distribution of any declared residual profits.

Economy

INUKO was launched on 4th October 2022. As a fair launch, the total (and maximum) supply of 10,000,000 INUKO together with 10,000 USDT was injected into Pancakeswap as an LP Pair (INUKO-USDT LP Pair).

The key idea of INUKO is that the economics of the project is driven by community transactions. Unlike other projects out there such a method ensures that the economics of INUKO is

1. sustainable in the long run as it is not dependent on a questionable external economic model,

2. non-dilutionary as the entire supply is already in the open market to begin with, there is no external supply of coins that will dilute the market and

3. deflationary at the same time as the buy back mechanisms burn off the coins gradually

A tax of 12% is applied on every transaction of INUKO, all transactions are equally tax'ed regardless of it being a buy/ sell/ transfer transaction.

TAX

Reflections

6% of the tax goes into redistribution. That means of this tax that was collected in INUKO will be converted to USDT through an automated sale mechanism into the open market, then redistributed back to holders in accordance to their share of INUKO.

Liquidity

1% of the tax goes back to the liquidity pool as equal proportions of INUKO and USDT and the LP tokens generated will directly be locked in the LP vault.

Auto Buy Back & Burn

1% of the tax goes into buying back INUKO from Pancakeswap to burn. All burned coins are sent to the dead wallet address on BSC: 0x000000000000000000000000000000000000dEaD

Burned coins are removed from the circulating supply of INUKO, resulting in deflation.

Bond products

1.5% of the tax will go into bonding products. This means that INUKO collected here will be recirculated as bond products are sold.

DAO treasury backing INUKO

1.5% of the tax will go into the DAO treasury. This treasury will accumulate USDT which will be activated and managed by the governance committee based on specific criteria and conditions; such events include initiation buyback & burn proposals or the triggering of inverse bonds.

Marketing & Operations

1% of the tax will go to the day to day management of the INUKO, which include marketing, partnership, merchandising and further development work.

DAO Treasury

The treasury is an accumulation of funds to back the circulating supply of INUKO. What this means is that for every circulating INUKO there will be a certain amount of funds allocated from the treasury as backing thus forming a backing price for INUKO.

Anti-whale

With the exception of the project smart contracts, INUKO is designed to prevent any whale from taking control of the token.

Hence no individual wallet can hold more than 1% of the total supply of INUKO (100,000 INUKO).

Where To Stake

The easiest way to stake INUKO is on their INUKO DAPP

How To Trade INUKO

If you need to buy or sell INUKO coins, you can either trade it on our dapp or on Pancakeswap:

• DAPP

• Pancakeswap

Step 1: Look for and click on EXCHANGE in the dapp

Step 2: Select the type of currency you wish to trade against INUKO and enter the appropriate amount.

Step 3: Approve the use of your trading token and then confirm swap.

Step 4: Confirm your transaction in your wallet then wait for the transaction to complete.

Step 5: Once the transaction is completed, add INUKO to your wallet in order to observe the amount of coins in your wallet. Click "ADD INUKO to METAMASK"

You have now completed the simple tutorial of buying INUKO from our DAPP.

How To Stake

Step 1: First check the amount of shares you own in the shares page by clicking on "Shares", if you haven't staked before. The number of shares you own should be equivalent to the amount of INUKO you have in your wallet.

Step 2:

Enter the staking page by clicking on "Staking".

Step 3:

Click on the "Stake" button and enter the appropriate amount of INUKO you wish to stake then click on "APPROVE CONTRACT" to allow your coins to be transferred to the staking contract.

Step 4:

Once approved you can now stake your INUKO by clicking on the "STAKE" button.

Step 5:

Once the transaction is completed, you will see the message "Staked success" popping up

Step 6:

Now that you have successful staked, you can then verify that your shares has been multiplied via clicking on "Shares" to check the numbers

You have now completed the simple tutorial of staking INUKO from our DAPP.