Quote from: ARWYN on Today at 06:44:34 PM

Quote from: Johnny Carsonogenic on November 15, 2022, 03:24:09 PM

Quote from: ARWYN on November 15, 2022, 04:04:49 AM

Quote from: AgiGagi on November 12, 2022, 03:58:14 PM

Mikaboshi tokenomics:

3% buy tax on tokens purchased which is sent to the Mikaboshi contract

3% sell tax on tokens sold which is sent to the Mikaboshi contract

When contract accrues 1,500,000,000 tokens, it sells and it transfers the eth to the dev

When the burn function is called, the contract unpegs 2.5% of tokens in the overall liquidity pool and sends it to the dead address on an hourly interval.

Could you tell me when the burn taxes happen. Before or after tx? aka will dex prices take account for burn taxes when estimating amounts received? Also if so do they anticipate these burn taxes when trying to artibrage the balancing bots? Thanks.

In the below transaction, the 3% is taken from the buy at the time of the transaction, at the price the buyer pays. So an easier viewpoint would be a buy/sell tx spends 100% and receives 97% or sells 100% but is paid for 97%. Either way the 3% of the transaction in Mikaboshi is sent to the contract, after the 1,5000,000,000 token threshold is reached the sum is sold into the LP, and then 2,5% of the LP'ed tokens are removed and sent to the 0x000000000000000000000000000000000000dead address.

https://etherscan.io/tx/0xb5a99af35418c30fa216d6ac72864a7596a60f157ec75c546fe5becec4dd9965

I think you would need to inspect individual MEV/arb contract bots to determine if/how they take taxes into account.

Thanks for this, I have done a bit of investigation and i am indeed making progress. I have managed to follw the flows of the transaction and can see the funds flowing.

I thought i would share this link as i investigate how this dev lock things work. https://www.team.finance/view-coin/0xaE86f48c0B00F2a3eaeF4ba4c23d17368f0f63f4?name=Amatsu-Mikaboshi&symbol=Mikaboshi

One thing i dont understand is what happens on the 21st December. What would normally happen and how this might be different.

Today the dev extended the timelock on the LP so nothing specific will happen on Dec 21st now. As the community grows stronger the dev has continued to extend that lock longer and longer. The presumption is once the DAO can make decisions on the future of Mikaboshi the access to control the LP will be important so it has not been burned or locked for an extreme timeframe to allow all potential options.

It appears the project is closer to the release of a bridge to BNB which will allow a larger audience of participants access to the token across more than one chain. THis is big news once it is released!