Rollbit, a leading cryptocurrency gaming platform, has announced a major overhaul to its tokenomics strategy. This comes as the platform’s co-founder, @Lucky_Rollbit, took to Twitter to introduce the innovative Buy and Burn program. Significantly, this initiative is set to revolutionize the dynamics of RLB tokens in the crypto gaming arena.
Under this new strategy, Rollbit will allocate a portion of its daily revenues to buy and burn RLB tokens. Moreover, these revenues will be sourced diversely. Specifically, 10% will come from the casino, 20% from the sportsbook, and 30% from the 1000x Futures.
The primary objective here is clear. Rollbit aims to reduce the available supply of RLB tokens. Consequently, this will create an environment conducive to increasing the token’s value. The logic is simple: as RLB tokens become scarcer, their demand rises, pushing their value upwards.
Additionally, Rollbit has launched a real-time revenue dashboard. This feature offers users a live glimpse into the platform’s earnings, promoting transparency. Hence, token holders can make more informed decisions.
Besides the dashboard, Rollbit has rolled out measures to ensure a balanced ecosystem. Hourly updates to the RLB Lottery revenue pool offer timely data, boosting user confidence. Furthermore, a new mechanism now locks staked Rollbots for 30 days. This move aims to prevent quick liquidation, leading to steadier token prices.
For users seeking passive income, staking Rollbots is now more attractive. They can earn 10% of their purchased RLB tokens every hour. Additionally, Rollbit is gearing up for on-chain automation of burns. This anticipated step promises to elevate the efficiency and transparency of the Buy and Burn model.
Rollbit has made the RLB Lottery free for all to foster community engagement. This strategic decision will likely widen participation, making the lottery more appealing to a diverse audience.
In conclusion, these enhancements offer immense potential for RLB token holders. The combination of staking, airdrops, and liquidity mining opens new passive income opportunities. Airdrop participants also benefit, from receiving free RLB tokens. Rollbit solidifies its position in the competitive crypto-gaming market with these strategic updates.