So if ya haven't noticed,
I'm very bullish on CD crypto tokenomics. and am particularly focused on #REX. 😅🦖 also a handful of other lowcap unrelated projects.
I'll try to not be annoying about it 😂 maybe this can help someone's understanding, and will age well.. maybe not..
I'm very bullish on CD crypto tokenomics. and am particularly focused on #REX. 😅🦖 also a handful of other lowcap unrelated projects.
I'll try to not be annoying about it 😂 maybe this can help someone's understanding, and will age well.. maybe not..
this'll be a short living thread on what I like about #REX and what I've heard mentioned in amas so far, that's planned, NFA!
keep in mind #REX on BSC (bnb smart chain) is already a fully complete, completely renounced, unchangeable, triple audited protocol, already deployed.
keep in mind #REX on BSC (bnb smart chain) is already a fully complete, completely renounced, unchangeable, triple audited protocol, already deployed.
these are just my own words and observation,
if you want more detail or help, see the #REX whitepaper and visit their main #REX community channel/website.
if you want more detail or help, see the #REX whitepaper and visit their main #REX community channel/website.
A crypto cd staking system.
flexible stake management, indepth, sustainable, game theorized, time locking, staking inflation tokenomics, inspired by traditional bank CDs mechanics.
Secure, fully on chain, renounced, launching fairly as a completely tamper proof crypto currency.
flexible stake management, indepth, sustainable, game theorized, time locking, staking inflation tokenomics, inspired by traditional bank CDs mechanics.
Secure, fully on chain, renounced, launching fairly as a completely tamper proof crypto currency.
-#REX token launches as a 222 day, distribution through a fair daily auctions system. giving loads of time for anyone to get involved "early" and fairly through the automated daily auctions.
after auction phase, $XRX inflates at fixed 12.9% yearly directly & solely to active CDs
after auction phase, $XRX inflates at fixed 12.9% yearly directly & solely to active CDs
Auction has a money back style lottery system for auction participants only during the launch "auction" phase.
- There are bonuses for using a referral for auctions, and boost tokens to add extra incentives for onboarding.
(the boost tokens are also used elsewhere after launch)
- There are bonuses for using a referral for auctions, and boost tokens to add extra incentives for onboarding.
(the boost tokens are also used elsewhere after launch)
#REX has a strong partially doxxed team, with well earned community trust.
- it's a desire from the #REX protocol team to have the protocol be deployed on multiple chains in the future, in the smartest way possible without diluting other holders & stakers.
- it's a desire from the #REX protocol team to have the protocol be deployed on multiple chains in the future, in the smartest way possible without diluting other holders & stakers.
- #Rexaverse is in its final stages, close to beta launch really soon. (it's a 3d sandbox for AMAs, advertising, chatting/socializing, education, ecommerce to name a few potentials.)
keep in mind $XRX and #REX is already a fully finished protocol. in launch phase triple audited.
keep in mind $XRX and #REX is already a fully finished protocol. in launch phase triple audited.
#REX has plans for a metamask style app, (in development). (with a focus on having the easiest onboarding into web3 without needing to remember special words. while keeping users fully in control & secure, a viable gateway into web3 linked to a users Apple ID etc.
*ama mentioned
*ama mentioned
that's what was spoken about..
even without anything else as of today added currently #REX $XRX is already great.
a safisticated fairly distributed predictably fixed Inflating currency that pays *stakers* based on their *time locking conviction* vs Inflating to pay miners.
even without anything else as of today added currently #REX $XRX is already great.
a safisticated fairly distributed predictably fixed Inflating currency that pays *stakers* based on their *time locking conviction* vs Inflating to pay miners.
Important note, new $XRX tokens created by inflation aswell as tokens in #REX CD Stakes, don't exist until a stake ends, and is claimed.
***#REX #Revocable CD stakes can claim rewards before ending but that lowers the cds earning potential for the rest of its staking length.
***#REX #Revocable CD stakes can claim rewards before ending but that lowers the cds earning potential for the rest of its staking length.
^
This all means alot for the available supply to demand of $XRX tokens on the open markets.
while the gamified tokenomics always steer inflation rewards and penalties only toward stakers and the longest long term stakers alike.
This all means alot for the available supply to demand of $XRX tokens on the open markets.
while the gamified tokenomics always steer inflation rewards and penalties only toward stakers and the longest long term stakers alike.
all of the #REX protocol penalties like from,
- closing #Revocable CD stakes early
- claiming rewards late from a matured CD stake
all get distributed to the rest of the active CD stakes. 🔥
- closing #Revocable CD stakes early
- claiming rewards late from a matured CD stake
all get distributed to the rest of the active CD stakes. 🔥
The last stuff I'll mention that truly got my attention first and foremost, was how flexible the protocol is with how #REX stakes can be managed.
*there's also a staking tool built into the protocol for making multiple bulk/ladder stakes (up to 100 cds stakes) in a single tx.
*there's also a staking tool built into the protocol for making multiple bulk/ladder stakes (up to 100 cds stakes) in a single tx.
#Revocable stakes can have their accrued rewards claimed early!
those stakes can also be ended early (with a penalty based on its time left to fully maturing.)
those stakes can also be ended early (with a penalty based on its time left to fully maturing.)
- #REX CD Stakes can be sent around to other addresses
- can be split in half (*one time* splitting a #REX CDs shares into two equal share CDs)
- each #REX CD can also be traded on the protocols own built in CD stake dex 🤯
- can be split in half (*one time* splitting a #REX CDs shares into two equal share CDs)
- each #REX CD can also be traded on the protocols own built in CD stake dex 🤯
- impossible to lose your staked $XRX principal when late claiming a stake that's over matured!
(#REX CDs do lose 1% of their accrued rewards weekly after a CD is fully matured though.)
(#REX CDs do lose 1% of their accrued rewards weekly after a CD is fully matured though.)
may add to this later on one day, but read the white paper, watch some vids join the community. #REX $XRX 😅😋👑🦖☮️🍳🤓📉🚀🥜
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