Article Summary, Automatically Generated By AI
Summary of Revolotto
Key Points
- RVL (Revolotto) is a cryptocurrency that grants instant rewards on transactions and protects investors with its unique coin circulation cycles and burn protocol.
- On every trade, 80% goes to the investor, 6% is divided among holders, 5% is burned, and 9% is added to the Liquidity Pool.
- A coin circulation cycle is completed when the quantity of coins circulated equals the total supply, resulting in 5% of the total supply being burned and reduced.
- Each cycle reduces the total supply, increasing the price of the remaining coins.
- Example: If the total supply is 100 coins, after one cycle, 5%
About Revolotto: Revolutionizing the Lottery Landscape
Introducing Revolotto: A Revolutionary Lottery Experience
RVL is an abbreviation of Revolotto, a pioneering cryptocurrency that offers investors holding RVL tokens instant rewards on all transactions, while ensuring their protection through its innovative coin circulation cycles and burn protocol.
In essence, it constitutes a multidimensional coin. With each trade, the distribution is as follows: 80% is allocated to the investor, 6% is proportionally distributed among all holders, 5% is burned, and 9% is automatically injected into the Liquidity Pool.
The Coin Circulation Cycle: Understanding Its Mechanism
Upon the circulation of coins and the attainment of parity between the circulating quantity and total supply, one coin circulation cycle will be deemed complete. Consequently, 5% of the total supply will be burned, and an additional 5% will be reduced.
For instance, if the total supply consists of 100 coins, it does not necessarily follow that all 100 coins will be in circulation simultaneously. However, if one coin is circulated 100 times, the quantity of coins in circulation will be equivalent to the total supply, thereby completing one circulation cycle. It is not essential to circulate the entire total supply to complete a coins circulation cycle, but the more the supply circulates, the more cycles will be completed, and the total supply will be minimized.
Introducing Revolotto: Pioneering Coin Circulation Cycles for a New Era
The Coin Supply Contraction and the Sustained Price Uptrend.
When coins are fully circulated in a 1:1 trade ratio with the total supply, a pivotal event will unfold: 5% of the total supply will be burned, thereby reducing the total supply by 5%. This phenomenon will recur at the commencement of the second cycle, which will not only diminish the supply by an additional 5% but also accelerate the cycle’s completion time. Consequently, with each successive cycle, the supply will decrease by 5%, while the price will experience a continuous upward trajectory. Upon the completion of every coin circulation cycle, 5% of the total supply will be eliminated through burning, resulting in a stable price that will consistently climb upwards. This means that the price preceding the total supply will become the minimum price for the reduced supply, now diminished by 5%.
For instance, consider a scenario where the total supply consists of 100 coins, valued at 100$. This means each coin is worth 1$. Upon completing one coin circulation cycle, not only will 5% of the supply be reduced, but also, only 95 coins out of 100 will remain. Consequently, the value of 100 coins will be equivalent to 95 coins, implying that the coin, initially worth 1$, is now worth 1.05$. The total supply has decreased to 95 coins, and upon completing the second circulation cycle, the present total supply will undergo a further 5% reduction. This means we are left with 90.25 coins in total, with a minimum value of 100$. Therefore, each coin is worth a minimum of 1.10$. As the Coin Circulation Cycle is completed, the supply will decrease with each cycle, while the price will increase.
Even if the total supply were to be drastically reduced from 100 coins to a single coin, the value of that coin would surge to a minimum of $100. This means that if an investor had purchased a coin when it was worth just $1 and held onto it until the supply dwindled to a single coin, their lone coin would be worth a minimum of $100.
The Strategic Choice of Binance Smart Chain for Revolotto
Incidentally, Revolotto can be launched on its own proprietary blockchain, but for the sake of universality, the Binance Smart Chain was chosen. This decision was made because most people not only possess the requisite know-how but also have extensive experience with it.
Beyond that, the robust security and user-centric features of the Binance Smart Chain perfectly align with the requirements of Revolotto, which is why we have chosen to partner with Binance Smart Chain for Revolotto.