In recent weeks, the Jager token has attracted attention. Some have called it a 'deflationary gem', while others praise its 'innovative' model based on buy and sell taxes. But behind this marketing veneer, we find an old, well-known, and formidable mechanism: Ponzinomics.
Mechanism
Each purchase is taxed at 6%.
Each resale is taxed at 6%.
These fees are then redistributed internally:
• A portion will nourish liquidity.
• A portion is returned to the holders.
On the surface, the system seems 'fair': long-term holders are rewarded.
In reality, this model relies solely on continuously having new buyers.
Mathematical reality
• New participants pay to artificially support the price.
• Large holders wait for the influx of capital, then sell at the right moment.
• Small investors lose twice: first at the entry (tax), then at the exit (tax again).
Here we see the signature of a disguised Ponzi: the early ones win, the late ones have to pay the bill.
Illusion of wealth
Ponzinomics like Jager operate based on strong crowd psychology:
• They talk about 'passive rewards' → to create the impression of yield.
• Spectacular figures are flaunted (burning, growth, hype).
• There is a belief that 'the longer you hold, the more you earn'.
But in the absence of new funds, everything will collapse. This system is doomed to fail when the wave of buyers slows down.