- Rollbit has introduced a significant revamp of its tokenomics, together with a brand new Purchase & Burn program,
- The Purchase & Burn program will see Rollbit use a portion of its income to purchase and burn RLB tokens every day.
- This may assist to extend the worth of RLB tokens by lowering the provision.
- The opposite new applications can even profit RLB holders, giving them methods to earn passive revenue, get free tokens, and enhance the liquidity of RLB tokens.
- The value of RLB tokens has already soared by 65% within the wake of the information.
Crypto playing platform Rollbit simply introduced a significant revamp of its tokenomics. Co-founder of Rollbit.com @Lucky_Rollbit introduced the brand new program referred to as Purchase & Burn in the present day. This system will see Rollbit use a portion of its income (10% On line casino, 20% Sportsbook, 30% 1000x Futures) to purchase and burn RLB tokens every day.
The Purchase & Burn program will assist to extend the worth of RLB tokens by lowering the provision. As extra RLB tokens are purchased and burned, the provision will lower, which is able to make the tokens extra scarce and priceless.
- Added income dashboard: This may permit customers to trace Rollbit’s income in actual time, which is able to give them a greater understanding of the worth of RLB tokens.
- Income RLB Lottery pool is up to date hourly: This may be certain that the RLB Lottery pool is at all times up-to-date, which is able to give customers a good likelihood of profitable.
- Staked Rollbots are locked for 30 days: This may stop customers from unstaking their Rollbots and promoting their RLB tokens too shortly, which is able to assist to stabilize the value of RLB tokens.
- 10% of purchased RLB is distributed hourly to staked Rollbots: This may give RLB holders a technique to earn passive revenue by staking their tokens.
- Burns will likely be automated on-chain within the close to future: This may make the Purchase & Burn program extra environment friendly and clear.
- RLB Lottery is now free to play This may make the RLB Lottery extra accessible to customers and will result in elevated participation within the lottery.
These are all nice adjustments that may profit RLB holders. The staking program will give RLB holders a technique to earn passive revenue, the airdrop program will give everybody an opportunity to get some free RLB tokens, and the liquidity mining program will assist to extend the liquidity of RLB tokens on decentralized exchanges.
RLB Token Value Soars 65% on Information of Revamped Tokenomics
The value of RLB tokens has soared by 65% within the wake of stories of Rollbit’s revamped tokenomics.
The value of RLB tokens is at the moment buying and selling at $0.16, up from $0.10 earlier than the information broke. If the Purchase & Burn program is profitable, it may see the value of RLB tokens proceed to rise within the coming months.
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