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Infinite Assets Glitch

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Questions about Infinite Assets Glitch

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What is Infinite Assets Glitch?

Infinite Assets Glitch is a cryptocurrency project centered on the $IAG token that operates on the Robinhood Chain network. It functions as a holder-reward memecoin applying a 5% tax on every buy and sell, directing funds into a Loot Wallet for airdrops. The project also includes a deflationary mechanism tied to trading volume and an Infinite Asset Generator tool for digital artifacts.

How does the tax and reward cycle work?

The Merry Men tax is set at exactly 5% on every buy and sell transaction. This collected tax funds the Loot Wallet, which is programmed to airdrop rewards to qualifying holders every six hours. The system also utilizes a volume-based burn trigger to reduce supply.

What are the eligibility requirements to receive airdrops?

To participate, users must hold at least 50,000 IAG tokens in their wallet along with a crumb of gas. There are no staking requirements or lockups, allowing holders to collect their share of the robbery forever without additional steps. The minimum holding threshold is strictly defined as 50,000 IAG.

How is the collected tax distributed among different wallets?

The Loot Wallet distributes rewards using a specific split: 50% goes to Merry Men (holders), 40% to Quiver (infrastructure), and 10% to the Bonfire (burn). This distribution ensures that the majority of collected funds directly benefit the token holders.

What specific digital artifacts can be generated using the tool?

The Infinite Asset Generator produces collectible digital artifacts such as profile pictures and banners. Users can generate pixel hoods, laser eyes, and candles that only go up by clicking the tool. The supply of these assets is infinite, and no two assets are alike unless the seed is reused.

Which blockchain network does the project operate on?

The project operates on the Robinhood Chain, which is described as an L2 where stocks became tokens. Users can bridge and buy the token to become a Merry Man. The platform is built specifically for this network environment.

What is the stated supply basis for the token?

The supply basis for the token is stated as 621,360,000 IAG based on a live-ish snapshot. The total supply is not fixed, as the project maintains an infinite supply for the generated assets. The current supply figure is provided as a reference point for calculations.

What features does the Loot Calculator provide?

The Loot Calculator allows users to enter their IAG bag and expected 24h volume to estimate rewards. It breaks down the 5% tax split into Merry Men, Quiver, and Bonfire portions. Users can also track heists and supply burn from the dashboard.

What disclaimers are provided regarding the project's nature?

The project is structured as a parody meme project with a clear disclaimer that it is not affiliated with Robinhood Markets Inc. or Robinhood Chain. The glitch is explicitly stated to be not real, and the assets are not real, though the feelings are valid. This sets the tone for the business model.

What format options are available for the generated assets?

The Infinite Asset Generator offers three format options: PFP (1:1), Banner (3:1), and a Glitch seed option. Users can download PNG assets minted on the Robinhood Chain. The tool allows for auto-glitch settings, currently set to OFF.

How does the deflationary mechanism function?

The project includes a deflationary mechanism tied to trading volume known as the volume bonfire. This feature works alongside the Loot Engine and 6-hour heists to create a three-loop system. The goal is to provide a structured robbery mechanism for holders.

What is the official website of Infinite Assets Glitch?

The official website of Infinite Assets Glitch is infiniteassetsglitch.site.

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About Infinite Assets Glitch

Infinite Assets Glitch is a cryptocurrency project centered on the $IAG token, which operates on the Robinhood Chain network. It is structured as a holder-reward memecoin that applies a 5% tax on every buy and sell, directing the collected funds into a "Loot Wallet." The wallet is programmed to airdrop rewards to qualifying holders every six hours, provided they hold at least 50,000 IAG tokens. The project also includes a deflationary mechanism tied to trading volume and an "Infinite Asset Generator" tool that produces collectible digital artifacts such as profile pictures and banners.