$SAMARI is a deflationary, community-powered charitable organization, that also offers a yield generating protocol – by holding $SAMARI you will automatically receive more $SAMARI. The 3% redistribution fee allows for passive income, which means, the more you hold, the more you shall receive! This is accomplished by charging a 10% tax on all transactions, from which 3% are redistributed to existing holders, 2% is added to the charity wallet, 1% to the marketing wallet, and 5% to the liquidity pool, creating price support and stability.
What is the utility of $SAMARI?
Philanthropy is for the public good, focusing on the quality of life. We – the community - wish to make a difference where it really counts by donating to local small charitable organizations, where bureaucracy doesn’t consume most resources. Whether it be for animal shelters, the ongoing global pandemic crisis, planet earth, or an entirely different matter that could use a helping hand, we do not limit ourselves to a specific cause. With the Weighted Voting Function, we will involve the community for the desired charitable organizations, from which the Samaritans altogether will make a difference!
$SAMARI’s charity wallet is designed as such, that each % transaction fee is immediately liquidated to BNB, refraining from any sudden dumps by selling out from the charity wallet. The wallet will be locked for 2 weeks at a time. Once unlocked, the profits in BNB will be donated to the desired organization determined by the community.