$NOVO Whitepaper
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  • 💎NOVOOS
    • Novoos Pitch Deck
    • $NOVO Introduction
      • Novoos Ecosystem
    • $NOVO Rewards
    • $NOVO Staking
    • $NOVO Jackpots
    • $NOVO Branches
    • $NOVO NFT Collections
    • $NOVO Roadmap
    • $NOVO Refer & Earn
  • 🔏$NOVO Ameliorative Contract
    • The NAC
    • An overview
    • NAC Considerations
  • 🌟IMPLEMENTATIONS
    • 💡$NOVO Allowance fund
    • 🏛️The $NOVO Bank
    • 🎆Novoos Mariana Trench
    • 💰$NOVO Auto-Liquidity Jet Protocol
    • 💸Futuristic Compounding Protocol
  • 📝ISSUES & SOLUTIONS
    • Current Common Issues
    • NovoPad Solutions
  • 🚀Novoos Distribution
    • Allocation & Distribution
    • Distribution Reasoning
    • Distribution Chart
    • Break Down
    • Vesting & Locks
  • 📄ADDITIONAL INFO
    • 💠Novoos General
    • 📈Novonomics
  • ✴️$NOVO Crypto's
    • $wNOVO
    • $oNOVO
  • 🪙NovoPad
    • Next Gen Launchpad
      • Is NovoPad safe?
    • Web3 AI KYC
      • KYC For Everyone
      • Affordable & Compliant
      • KYC On NovoPad
      • AI KYC Guidelines
      • Acquiring Novoos KYC
      • AI KYC Process
    • NovoPad vs Others
    • Is NovoPad safe?
    • Investor Insurance & Reward Fund
    • Security & Research
    • Blacklists
    • Social Analysis Portal
    • The NovoPad Advantage
    • Rankings
    • High Risk Projects
    • Anti-Bot
    • Comments
    • Chat Rooms
    • NovoPad Fees
    • NovoPad Audit
  • 🛡️NovoPad Tiers
    • Special Tiers
  • 📑NovoPad Project Owner WIKI
    • NovoPad Guides
    • Private Sale
    • Security Section
    • Team & Promo
    • Extra Info
    • Endorsements & Partners
    • Your Listings
  • 🔬NovoPad User WIKI
    • User Guides
    • NovoPad Report
      • NovoPad Imitations
    • Voting Systems
    • Notifications
    • Contributions
    • NovoPad Listings Tabs
  • 💰NovoPad Referrals
    • Refer & Earn
  • 🥇NOVOOS ADVANTAGES
    • $NOVO vs Competition
    • Definitions and Resources
  • 🌑$NOVO Ecosystem
    • What are we doing?
    • BUSD earn dapp
    • Auto-staking dapp
    • NovoPad
    • NFT Marketplace
    • Gamification
  • 💪Novoos Team
    • $NOVO Team
  • 👥PARTNERS
    • Partnerships
    • Novoos Partner List
  • 🔏Safety Nets
    • Audits
    • KYC's
    • LP Lock
    • Contracts
  • 🔦SECURITY CHECKS
    • $NOVO Safety
    • Your Safety
    • Reporting TG Scams
    • What Is Scraping?
  • 💸Buying $NOVO
    • Poocoin
    • Pancakeswap
    • Exchange Listings
    • Official Listings
  • 💻Socials & Links
    • ⚡$NOVO Socials
    • 📧Contact $NOVO
    • 👾All dApps
  • 🆘Help & Support
    • ❓Questions?
    • ❔$NOVO Troubleshooter
    • 💡Suggestions & Ideas
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  1. ADDITIONAL INFO

Novonomics

$NOVO tokenomics

PreviousNovoos GeneralNext$wNOVO

Last updated 1 year ago

Acronyms

NAF: $NOVO Allowance fund

TNB: The $NOVO Bank

TMT: The Mariana Trench

ALJP: Auto-Liquidity Jet Protocol

IIR: Investor Insurance & Reward

General Information

Name: Novoos Symbol: NOVO

APR: Variable (Daily ROI ~ Variable)

: Claim anytime

Fixed Supply: 1,000,000,000

Buy Fees

Total: 4% (Actual tax is 1% as the contract is distributing the rewards back to the community plus the jackpots)

1% - : These fees are forwarded to the TNB which in return supports the NAF by providing funds for $NOVO marketing and all its development

2% - : The rewards are redistributed from the pool after reaching a threshold in the contract and forwarded to $NOVO holders.

1% : This fee is used by the jackpot contract, read more about this

Sell Fees

Total: 5% - 7% if Ground Zero is activated upon price impact (Actual tax is 2% to 4% as we are distributing the rewards back to the community plus the jackpots)

Ground Zero Tax (Anti-Dump Protocol):

This a unique algorithm to enforce an anti-Dump Tax which is added and determined on the price impact of sells in question.

As an example, you can take this into consideration with the standard $NOVO current sell tax of 10%: Attempting to to sell with 1% $NOVO price impact, the total tax that will be applied whilst trying to sell with 1% price impact is 13% maximum.

The Trip Switch is dynamic, it increases dependent on the price impact against the supply of up to 1% to combat price fluctuation and dumps.

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 NAC contract.

Transfer Fees

2% (+2% Ground Zero Tax) : These fees are forwarded to the NB which in return supports the NAF by providing funds for $NOVO marketing and all its development.

3% - : The rewards are redistributed from the pool after reaching a threshold in the contract and forwarded to $NOVO holders.

This will trigger Ground Zero which will be turned on automatically by the contract and can be seen live .

The tax charged to transfer from wallet to wallet is 0.001%, a fraction and this is sent to the , meaning it is gone forever.

📄
📈
$NOVO Rewards Distribution
The $NOVO Bank
$NOVO Rewards
Jackpots
HERE
The $NOVO Bank
$NOVO Rewards
NAC
HERE
Novoos Mariana Trench (NMT)