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What exactly is Revolt 2 Earn(RVLT)?

Wed Jul 06, 2022 11:57 am

Cult DAO's Revolt 2 Earn, or RVLT, is a tradable and liquid token. It was created as a proof-of-stake (POS) token with 0.4 percent taxation on the Polygon blockchain. Unlike its sibling token CULT, which seeks to fund decentralized protocols, RVLT seeks to support individuals in the industry who share the goal of enhancing decentralization.

Key Characteristics of Revolt 2 Earn

Funding Individuals
RVLT places more attention on individuals and shares the concept that a small group of people or an individual may have a significant impact and create the future vision, whereas CULT focuses more on sponsoring and supporting processes with larger sums of money.

Ecological Tokenomics
The RVLT concept provides a 25 percent deflationary element in addition to allowing the revolutionary to earn 405. Additionally, the remaining 25% encourages users to stake their tokens, increasing demand because staked tokens are taken out of circulation, along with a complete fall in the overall supply from the deflation. In the paragraph that follows, the RVLT tokenomics are discussed in more detail.

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