Deflationary Tokenomics are Powerful.
Did you know that $RIO has deflationary tokenomics?
Before we dive in, let's cover the basics π
πΉCirculating Supply -> approx. 57 million.
πΉTotal Supply -> 75 million.
πΉMarket Cap -> $67 million (CS * Price)
πΉRelease -> 12% of the remaining supply will be released per year, full vesting will take approx. 37 years to complete.
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Over time, $RIO is set to experience supply shocks thanks to some fantastic deflationary mechanics.
Hereβs how it works π
1β£ Fee Burning
πΉA percentage of every Tx fee on the Native chain will be burned.
2β£ Tokenisation Fee
πΉEvery time an asset is tokenised, RIO will be burned and purchased as a fee. More tokenisation means more burning!
3β£ Districts β Land Rush
πΉAll primary land sales will use RIO, and the Land Bank will hold these as liquidity for landowners, effectively removing them from circulation.
πΉ20% of token used in land sales will be burned, while the remaining 80% will be locked, further reducing circulating supply.
4β£ Team Validator
πΉFees collected by the teamβs validator will be burned, contributing further to the deflationary model.
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The tokenomics will squeeze the supply, which means higher demand and potential price surges.
The tokenomics were one of the major bullish signals for me when I first researched the project.
Important note: The CS data on platforms like CMC is incorrect, which is frustrating. Thankfully, the community is always available to help.
JK LOUNGE π