Rollbit has announced a major revamp of its tokenomics, including a new Buy & Burn program,
The Buy & Burn program will see Rollbit use a portion of its revenue to buy and burn RLB tokens on a daily basis.
This will help to increase the value of RLB tokens by reducing the supply.
The other new programs will also benefit RLB holders, giving them ways to earn passive income, get free tokens, and increase the liquidity of RLB tokens.
The price of RLB tokens has already soared by 65% in the wake of the news.
Crypto gambling platform Rollbit just announced a major revamp of its tokenomics. Co-founder of Rollbit.com @Lucky_Rollbit announced the new program called Buy & Burn today. The program will see Rollbit use a portion of its revenue (10% Casino, 20% Sportsbook, 30% 1000x Futures) to buy and burn RLB tokens on a daily basis.
The Buy & Burn program will help to increase the value of RLB tokens by reducing the supply. As more RLB tokens are bought and burned, the supply will decrease, which will make the tokens more scarce and valuable.
Added revenue dashboard: This will allow users to track Rollbit’s revenue in real time, which will give them a better understanding of the value of RLB tokens.
Revenue RLB Lottery pool is updated hourly: This will ensure that the RLB Lottery pool is always up-to-date, which will give users a fair chance of winning.
Staked Rollbots are locked for 30 days: This will prevent users from unstaking their Rollbots and selling their RLB tokens too quickly, which will help to stabilize the price of RLB tokens.
10% of bought RLB is distributed hourly to staked Rollbots: This will give RLB holders a way to earn passive income by staking their tokens.
Burns will be automated on-chain in the near future: This will make the Buy & Burn program more efficient and transparent.
RLB Lottery is now free to play This will make the RLB Lottery more accessible to users and could lead to increased participation in the lottery.
These are all great changes that will benefit RLB holders. The staking program will give RLB holders a way to earn passive income, the airdrop program will give everyone a chance to get some free RLB tokens, and the liquidity mining program will help to increase the liquidity of RLB tokens on decentralized exchanges.
RLB Token Price Soars 65% on News of Revamped Tokenomics
The price of RLB tokens has soared by 65% in the wake of news of Rollbit’s revamped tokenomics.
The price of RLB tokens is currently trading at $0.16, up from $0.10 before the news broke. If the Buy & Burn program is successful, it could see the price of RLB tokens continue to rise in the coming months.
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