π«Residual income & a healthy chart?
Stratton Oakmont
The SOAK smart contract computes the sell pressure in order to adjust the sell tax.
In a given Sell Pressure Window the sell tax can go up to a maximum of 30%, depending on sell volume of $SOAK.
The higher the volume the higher the sell tax.
The second mechanism of $SOAK automatically transfers the collected sell tax to $SOAK holders as $wsETH, creating a yield that yields. $wsETH is wrapped staked ETH, also called an LST (Liquid Staking Token) and earns 3.8% APR in ETH.
The above results in a healthy upside trend for $SOAK and strengthens the $SOAK community.
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