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.
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.
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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