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NAF: $NOVO Allowance fund
TNB: The $NOVO Bank
TMT: The Mariana Trench
ALJP: Auto-Liquidity Jet Protocol
IIR: Investor Insurance & Reward
Name: Novoos Symbol: NOVO
APR: Variable (Daily ROI ~ Variable)
Fixed Supply: 1,000,000,000
Total: 4% (Actual tax is 1% as the contract is distributing the rewards back to the community plus the jackpots)
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.