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$NOVO Ameliorative Contract
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$NOVO Crypto's
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NovoPad Tiers
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NovoPad Referrals
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ISSUES & SOLUTIONS
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Novoos Team
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Safety Nets
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Novonomics
$NOVO tokenomics
Acronyms
NAF: $NOVO Allowance fund
TNB: The $NOVO Bank
TMT: The Mariana Trench
Name: Novoos Symbol: NOVO
Supply: 1,000,000,000
APY: 400k%+
Supply: 1,000,000,000
Maximum Supply: 100,000,000,000 (Over the course of 10+ years)
Buy Fees
Total: 12%
2% - Goes to the liquidity Pool
3% - $NOVO Allowance fund: The fees for trading are accumulated in the NAF assisting in sustaining and backing the staking automatic rewards distributed
3% - The $NOVO Bank: These fees are forwarded to the TNB which in return supports the NAF by providing funds for $NOVO marketing and all its development
1% - The Mariana Trench: 2% of all $NOVO that are traded are burnt in TMT, it reduces the circulating supply of $NOVO and keeps Novoos stable.
2% - BUSD rewards: The rewards are redistributed from the pool after reaching a threshold in the contract and forwarded to $NOVO holders
1% Jackpot: This fee is used by the jackpot contract, read more about this HERE​
Sell Fees
Total: 14%
3% - Goes to the liquidity Pool
4% - $NOVO Allowance fund: The fees for trading are accumulated in the NAF assisting in sustaining and backing the staking automatic rewards distributed
3% (+2% Impact Tax) The $NOVO Bank: These fees are forwarded to the NB which in return supports the NAF by providing funds for $NOVO marketing and all its development
1% The Mariana Trench: 2% of all $NOVO that are traded are burnt in the Mariana trench, it reduces the circulating supply of $NOVO and keeps Novoos stable.
3% - BUSD rewards: The rewards are redistributed from the pool after reaching a threshold in the contract and forwarded to $NOVO holders
Resolution Tax (Anti-Dump Protocol):
This a unique algorithm to enforce an anti-Dump Tax which is added and determined on the price impact of the sell in question.
As an example, you can take this into consideration with the standard $NOVO current sell tax of 14%: Attempting to to sell with 0.5% $NOVO price impact, the total tax that will be applied whilst trying to sell with 0.5% price impact, 16% + (0.5% * 8) = 20%, this is the rate of tax which will be applied in this situation.
The Resolution Tax is dynamic, it increases dependent on the price impact against the supply up to 1% to combat price fluctuation and dumps.
This will trigger Ground Zero which will be turned on automatically by the NAC contract and can be seen live HERE.
The blinking "OFF" button will change to "ON" which will be in green color as an indication of Ground Zero being activated.
Information will be displayed as to the state of Ground Zero at the time, this is all automated and directly connected to the contract.

Transfer Fees

The tax charged to transfer from wallet to wallet is 0.001%, a fraction and this is sent to the Novoos Mariana Trench (NMT), meaning it is burnt.
Supply
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