/biz/ - Business & Finance

Important :- No major token unlocks till April next year

Max Supply was 4 Billion, out of which 800 Million is already burnt in 1st round, with more similar large burns to follow.

Below are some of the quick key takeaway points for #LOS

Stake-to-Burn % Ratio

46.8% to 62.4% APR

No bonding period — unstake anytime

Dedicated #LOS dashboard

Example of the Stake-to-Burn Mechanism in action

Let’s assume that 1M of the total 8M RVX tokens in circulation have been staked:

Circulating Supply = 8,000,000 RVX

Average Staked RVX for 30 days = 1,000,000 RVX

Average of monthly % of staked RVX = 1,000,000 / 8,000,000 = 12.5%

RiveX will then burn 12.5% of Ecosystem Fund which is equivalent to 212,500,000 RVX. (Ecosystem Fund currently stands at 1,700,000,000 RVX)

The Stake-to-Burn mechanism percentage ratio (Average Monthly Staked % : Ecosystem Fund %) will continue in the following months with the remaining Ecosystem Fund balance.

"It's in percentage , So if the circulation has 50% staked which is 4mil RVX then they will burn 50% of eco funds which is 850mil"

https://medium.com/@RiveXOfficial/enter-the-dragon-part-one-introducing-rvx-league-of-stakes-los-f6455e03ca2b

Rivex is a dual ecosystem Defi project, serving both Ethereum and Wanchain.

Less than 500k MC, More exchanges are coming soon.

Important :- No major token unlocks till April next year

Max Supply was 4 Billion, out of which 800 Million is already burnt in 1st round, with more similar large burns to follow.

Below are some of the quick key takeaway points for #LOS

Stake-to-Burn % Ratio

46.8% to 62.4% APR

No bonding period — unstake anytime

Dedicated #LOS dashboard

Example of the Stake-to-Burn Mechanism in action

Let’s assume that 1M of the total 8M RVX tokens in circulation have been staked:

Circulating Supply = 8,000,000 RVX

Average Staked RVX for 30 days = 1,000,000 RVX

Average of monthly % of staked RVX = 1,000,000 / 8,000,000 = 12.5%

RiveX will then burn 12.5% of Ecosystem Fund which is equivalent to 212,500,000 RVX. (Ecosystem Fund currently stands at 1,700,000,000 RVX)

The Stake-to-Burn mechanism percentage ratio (Average Monthly Staked % : Ecosystem Fund %) will continue in the following months with the remaining Ecosystem Fund balance.

"It's in percentage , So if the circulation has 50% staked which is 4mil RVX then they will burn 50% of eco funds which is 850mil"

https://medium.com/@RiveXOfficial/enter-the-dragon-part-one-introducing-rvx-league-of-stakes-los-f6455e03ca2b

Rivex is a dual ecosystem Defi project, serving both Ethereum and Wanchain.

Less than 500k MC, More exchanges are coming soon.

This is going to be damn huge, people just look at coingecko and ignore. Lol

U dumbfucks, Rivex has already burnt 800 Million in 1st round with more burns coming.

This Staking mechanism is the best ever created in crypto.

High APR as well Deflationary .

There is no major token unlock till April next year and no unlock for next 2 months.

>>19565789
LMAO, there is no major token unlock till next year .
800 Million was already burned in phase 2 , Research before commenting.
LOS is coming up this week :- combination of High APR + Deflationary.
Never seen before staking mechanism in Crypto
10X by month end, wait and watch.

Do also add Rivex

The circulating vs max supply ratio:- Max supply was 4 Billion

Already burnt 20% supply, ie: 800 Million in 1st round, so now max is 3.2 Billion with more burns to follow.

No major Token Unlocks till April 2021

https://medium.com/rivex-foundation/part-two-introduction-of-800-000-000-rvx-20-one-off-burn-on-total-supply-f135852ec311


Launching a unique Staking program known as LOS - League of Stakes

High 46.8% to 62.4% APR , however there is an interesting concept , this is a deflationary staking, where more people stake the more supply is burned. Due to high APR, the demand will be good and hence more will be burned. (Exact calculations to be shared by team)

https://twitter.com/RiveXFoundation/status/1266637706429206529

Low Circulating supply and MC is less than 500k , currently listed on Bitmax but more exchanges are coming very soon. I assume they will announce it along with launch of Staking program.

As far as fundamentals are concerned, Project is built on Wanchain and partnered with Maker and AveAve and includes

Scalability

Sidechains

Interoperability

Developer Toolkits

Decentralized Finance

Enterprise Solutions

It's a Defi project with Dual ecosystem , providing Interoperable Layer-2 Solutions | Empowering #DeFi on both wanchain_org and ethereum

Please DYOR !

Few important points I looked into

The circulating vs max supply ratio:- Max supply was 4 Billion
Already burnt 20% supply, ie: 800 Million in 1st round, so now max is 3.2 Billion with more burns to follow.
No major Token Unlocks till April 2021

https://medium.com/rivex-foundation/part-two-introduction-of-800-000-000-rvx-20-one-off-burn-on-total-supply-f135852ec311

Launching a unique Staking program known as LOS - League of Stakes
High 46.8% to 62.4% APR , however there is an interesting concept , this is a deflationary staking, where more people stake the more supply is burned. Due to high APR, the demand will be good and hence more will be burned.

Hex like gains coming :) (Exact calculations to be shared by team)

https://twitter.com/RiveXFoundation/status/1266637706429206529

Low Circulating supply and MC is less than 500k , currently listed on Bitmax but more exchanges are coming very soon. I assume they will announce it along with launch of Staking program.

As far as fundamentals are concerned, Project is built on Wanchain and partnered with Maker and AveAve and includes

Scalability

Sidechains

Interoperability

Developer Toolkits

Decentralized Finance

Enterprise Solutions

It's a Defi project with Dual ecosystem , providing Interoperable Layer-2 Solutions | Empowering #DeFi on both wanchain_org and ethereum

Please DYOR !

>>19447335
Good choices all of them, check out Rivex too

800 Million burnt already in 1st round.
Unique staking concept with high APR and deflationary staking

470k MC
No major token unlocks till April 2021
800 Million already Burnt in first round
https://medium.com/rivex-foundation/part-two-introduction-of-800-000-000-rvx-20-one-off-burn-on-total-supply-f135852ec311
Partner with Maker and Ave
League of Stake with highest APR in crypto coming in few days
The more people stake the more supply gets burnt (Exact calculation with some surprises will be released soon)
Listed on Bitmax with more coming
https://medium.com/@RiveXOfficial
https://www.coingecko.com/en/coins/rivex

Because Rivex provides best APR in Crypto

470k MC
No major token unlocks till April 2021
800 Million already Burnt in first round
https://medium.com/rivex-foundation/part-two-introduction-of-800-000-000-rvx-20-one-off-burn-on-total-supply-f135852ec311
Partner with Maker and Ave
League of Stake with highest APR in crypto coming in few days
The more people stake the more supply gets burnt (Exact calculation with some surprises will be released soon)
Listed on Bitmax with more coming
https://medium.com/@RiveXOfficial
https://www.coingecko.com/en/coins/rivex

1. Rivex on Bitmax
Less than 500k MC
No major token unlock till April 2021
Just burned 800 Million Supply
LOS coming with high APR and the more people Stake the more supply gets Burned.