Author

Topic: Defi Rebase Project With New Approach (Read 41 times)

newbie
Activity: 1
Merit: 0
March 16, 2022, 09:19:50 AM
#1
Rodium RDM
“Rodium The Unlimited Rebase”

Rodium is the next innovation within the BuyBack Community Ecosystem focused on attracting volume for the protocol by creating benefits and rewards for Rodium holders and liquidity partners within the BuyBack Ecosystem.

Rodium provides auto-staking right in your wallet when you purchase $RDM. No need to delegate your tokens to a validator to stake or interact with a website. From the minute you buy, you are staked and ready to receive rebase rewards.

Defi Rebase Project With New Approach

Name: Rodium
Ticker: RDM
Chain: BSC

How does a rebasing token work?

The rebase operation allows tokens to work in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called rebasing. Rodium uses a positive rebase formula which increases the $RDM supply of each holder. Because $RDM is a rebase token, it has no max supply.

$RDM holders will receive fixed interest rate of just over 2% daily or with compounding 310,000% annually. Though this number is less than other titano forks, we believe higher rewards lead to unmitigated dilution which isn’t sustainable, In combination with buybacks and strategic use of the BuyBack Ecosystem’s liquidity routing, users will receive staking rewards for for hodling.

Every 20 minutes, the Rodium auto-staking protocol pays you rewards. The protocol uses a complex set of factors to support its price and the rebase rewards. The result is a surprisingly simple staking / reward system for $RDM holders.

Our auto-staking protocol will be strategically utilized to attract volume into the BuyBack Ecosystem which is an emerging protocol on BSC. We will gauge sentiment and the demand for $RDM to determine next steps in our roadmap after launch. Rodium has been designed to attract volume into the BuyBack Ecosystem so that the liquidity routing can function properly while working synergistically to help Rodium attract volume. Rodium will be a community led coin with the intent to become as decentralized as possible. Regardless of the demand after launch, Rodium will become a staple member of the BuyBack Ecosystem and continually benefit as more partners are added within the protocol.

Website: https://www.rodiumfinance.com/
Here Our White Paper Social Link https://t.me/RodiumRebase/1455
Website and Twitter social Link https://twitter.com/RodiumReabse/status/1503732144857919491
Telegram: https://t.me/RodiumRebase
Discord: https://discord.gg/v7FW6MjDnp
https://medium.com/@Jays_Strategies/rodium-rdm-7cf628f41e82
Jump to: