Reveel Unveils REVA Tokenomics: Total Supply of 1 Billion Tokens, 37% Allocated to the Community
According to ChainCatcher, Reveel has announced that the total supply of REVA tokens is 1 billion, with 37% allocated to the community, 25% to investors, 22% to the company fund, and 16% to the team and advisors. The initial circulating supply is approximately 150 million tokens. REVA adopts a fixed supply model and plans to achieve deflation through dynamic revenue-supported buybacks.
Under the buyback mechanism, 75% of net revenue will be used for market buybacks of the token in the initial phase, with this percentage decreasing by 5% each cycle. However, the absolute buyback amount must continue to increase, and the minimum buyback ratio is set at 25%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve Governor Bowman Says Investment Restrictions May Affect Recruitment of Expert Examiners
Fed Governor Bowman Says Holding Cryptocurrency Helps Understand the Market