๐ธRevoDAO Token (RVD)
Last updated
Last updated
The RVD Token is an auto compounding, self sustaining rebase contract which allows uninterrupted earning for holders. After analysing the current trend in projects we have identified that the meaning of DeFi is forgotten by many project owners, with our RVD token the contract will be a true reflection of what Decentralised Finance is meant to be.
In order to maintain sustainability and future growth, we have introduced a Long term Interest Cycle (LIC) component which will award $RVD token holders with continued compound interest in perpetuity with each interest cycle running 15 minutes at a time with an average APY over 502,548.34% to begin with. The LIC will allow users to receive compounded interest on their holding at the time the cycle ends thus mimicking a staking contract without the need to do anything apart from holding RVD in a wallet.
The compounding process has been well established in the current market however we have seen a trend of over inflating projects not being able to sustain themselves due to this inflation. With RevoDAO we intend to ensure a well orchestrated buy back takes place regularly to ensure that there isnโt a massive impact on our charts when compounding users take profits.