The REBL Token
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The project's token, the Rebellion protocol ($REBL), a BEP-20 token, incorporates three (3) built-in mechanisms that are financed each by a 3% fee on every buy/sell transactions of the REBL token, for a total of 9% transaction fee. On every transaction, these mechanisms take place:
- 1.3% allocation to the VC fund
- 2.3% redistributed to $REBL holders (also called holder reflection)
- 3.3% added to the liquidity (automatic liquidity increase)
The project's investment fund is financed by a 3% on all transactions. Information on the project's fund can be found in the previous section.
The holder reflection aims to palliate to the shortcomings of farming rewards and potential impermanent losses. On top of that it aims to remove concerns related to staking and un-staking period limitations.
A 3% fee is taken on each $REBL transactions and redistributed to holders of $REBL tokens, pro-rata their holdings, in a fee optimizing sequence. Simply put, if you hold $REBL tokens, you get more $REBL tokens, in the same way that you receive an interest rate when putting cash in a savings bank account. This mechanism is in fact solving a handful of investment related challenges and incorporates other advantages such as compounding effect and reducing price volatility.
Liquidity is often a challenge for new projects. The Automatic Liquidity increase mechanism, coded in the $REBL contract, which takes a 3% fee on all transactions, solves this challenge. This ensures the liquidity scales as transactions take place and grows with the value of the token and the project over time. This in turn guarantees $REBL investors can buy and sell in an efficient manner. In addition it builds an ever growing price floor.
Through multiple economic observations, it has been put forward that a decreasing supply will inevitably result, ceteris paribus (other variables remaining constant), in the rise in value of the underlying asset, that is the token.
An additional mechanism that the project may use is manual token burns, however not automatic, as not always good for the project. Token burns are executed based on the needs of the project and validated by the community. This makes the supply of $REBL deflationary over the long run.
Last modified 1yr ago