In the beginning, 2% of each transaction is instantly allocated to all holders by automatic means in relation to their DARK holdings. Due to this, each holder is benefitted from transactions happening on the DARK network and aren’t required to transfer or stake tokens. This also supports a much secure, gas-efficient and passive yield production. This is a captivating feature for especially the liquidity providers as they receive extra DARK tokens in addition to the default Uniswap fee of 0.3%. Such rewards can also be considered as a hedge against temporary losses. The percentage of every transaction can be altered to 1–5% which is shared with the holders.
Continuous price inflation
The first two features perform at their greatest capacity when a large transactional volume exists on the network. This can be naturally gained and sustained via various partner pools. However, there’s another factor to increase transaction volume. With DARK Alchemize function, 2% of its original liquidity pool can be converted into ETH. This is later used to buy and burn SEXY at market rate. Influenced by ITS, this structure assists to form persistent buy pressure and price inflation for DARK (while the supply keeps depreciating).
The following happens when the Alchemize function is applied:
- The liquidity of 2% is taken out from the DARK-ETH pool and divided into DARKand ETH
- ETH is used to buy DARK at market price
- 95% of DARK gets burned
- 5% of DARK is shared with the caller of the function (in order to incentivize caller for consuming gas)
Once every 30 Minutes, this function may be applied by holders (with a minimum of 10000 DARK tokens). This Alchemize function can be accessed via Etherscan until the Tunnel’s main dashboard is live.
