Rivex is Launching the best ever Staking mechanism in Crypto

[Anonymous No.19614726]

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.