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Here are some facts that explain how $SOLRAIN can sustain paying the 1% APR daily.
We are going to start our presale at Monday at 8 pm UTC at Gempad. The sale will last for three days and then we launch straight after. $SOLRAIN will have an auto presale followed by launchpad so, 50% of the funds will go directly into liquidity as soon as the sale finishes. The launch time will be on Thursday just after 8 pm.
If you buy at the sale, you’re guaranteed to have purchased at the pre-launch price of 0.001 with at least a 10% reduction in price and also, you don’t have to pay the 5% tax as you would if you bought after launch.
Remaining Solana will go to the treasury to feed token liquidity and marketing so that we can hold the price above the presale price of 0.001.
Every single time and investor purchases $SOLRAIN they have to pay a 5% tax which will be distributed between token liquidity and the rewards pool.
There will also be a 5% tax on all sales. This tax will go directly to a treasury which can be used for either token liquidity, marketing, rewards or other investments to help us sustain the drip.
The great thing about our project is the fact that any Accumulated tokens from tax are given to us in Solana rather than $SOLRAIN which will help the chart being negatively impacted if we sold and used tokens for marketing. Instead, we can will use the Solana accumulated to buy back $SOLRAIN which will have a positive price on the chart and the project.
We also have implemented an emergency withdrawal function which is designed for people that may need their funds for other purposes, but it comes at a cost and taxes are directed straight into the rewards pool to help us sustain the rewards.
