Wednesday, July 6, 2022
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

RoliToken Building a BSC based Digital Defi Community

by firstcryptonews
July 26, 2021
in Press Release
Roli Token

Defi has emerged as a rapidly growing decentralized ecosystem building a multi-billion dollar market cap. The Defi ecosystem started on the Ethereum blockchain, but Binance Smart Chain became an increasingly popular choice this year owing to its low transaction fee and fast confirmation. As a result majority of defi protocols launched this year have either launched on BSC or added cross-chain support for BSC.

A significant number of Defi projects have launched on the BSC chain this year but only a few have shown potential to reach the moon. RoliToken is one such project that is a freshly minted DeFi project that fuels itself by providing a haven for token fanatics. RoliToken ($ROLI) is a new BEP20 DeFi project. Fused to binance smart chains. The new Roli ecosystem is community-driven and sound tokenomics make it one of the true defi tokens of BSC with the potential to reach the moon. The primary utility for RoliToken is to build momentum while expanding DeFi awareness through the community which in turn allows RoliToken to act as an appreciating resource.

The number of defi projects in the crypto market is growing at an exponential rate but very few have passed the test of time. RoliToken whose essence lies in Time is quite different from those projects. Unique token economics with a 50% burn before pre-sale and a community is driven decentralized approach has propelled it to the moon.

What Makes RoliToken Valuable?

The Roli token incorporates two key essentials of the decentralized world, the defi base, and a community-driven approach. To counter volatility the RoliToken team locked liquidity using DxLocker through 2025 & deployed a uniquely coded smart contract that autonomously swaps liquidity through pancakeswap V2 router, making the LP untouchable & inaccessible by even the contract owner, indefinitely without having to relinquish ownership.

RoliToken’s massive supply & inexpensive entry point also makes micro-tipping through social media much more effective. Thus it can forge new use cases with time and also become a leading form of internet digital money. The project’s popularity has also made it a target for other developers to copy the project with a similar name.

RoliToken ($ROLI) is focused on bringing together a digital commune through organic growth building & maintaining internal momentum & advocating together to disrupt the obsolete infrastructures that are concealed monopolies such as financial networks & institutions that covertly govern the people behind the scenes. By building & maintaining the momentum created at launch; we help disrupt the perception of programable & digital tokens, meme tokens included. The project’s ultimate goal is to raise DeFi awareness through community establishment with our social media platforms. The project started the journey by burning just over 50% of the original total supply before pre-sale. The reason for this is simple: when a space shuttle launches into orbit it needs to burn more propellants during the initial launch than when it is already in orbit.

An example of this is what NASA calls the jettison effect; which is a stage during initial launch when a space shuttle burns enough fuel to lighten cargo weight thus allowing the rocket engines to now consume less fuel to stay in orbit & maintain a steady climb into orbit. The project is bang on target with its roadmap plans having successfully met all its goals for the first quarter of 2021.

The project is available on Pancakeswap and can be bought through a couple of simple clicks. The project encourages holding and reward for the same. The project is also focused on charity and has announced 1% of the total supply token would be contributed towards charity which would be decided by the community votes.

The Sound Tokenomics

The RoliToken team deployed a uniquely coded autonomous smart contract that is original but also includes some of the amazing DeFi features & benefits that we all have grown accustomed to. We made adjustments where necessary & have all the right ingredients to moon hard & have a long healthy project.

  • 8% Tax- On every blockchain transaction
  • 4% Redistribution- On every transaction excluding the contract addresses which is split amongst the existing holders.
  • 2% Auto-locked LP – Every time the contract address collects 250B tokens it is automatically swapped to PancakeSwap”s CAKE token & permanently locked rendering the LP inaccessible indefinitely.
  • 1%- Marketing & long term development for improvements & updates.
  • 1%- Charity voted by our community (no other charity donations will occur).
  • 50% of the tokens were burned before DxSale & more burns to come.
  • Only- 1.3% dispersed to the team, most of which will be burned in the future.

Community-driven projects have been the biggest success story this bull season with some tokens rising over 5,000% amid a growing craze. RoliToken with its sound tokonomics, growing adoption, and provisions for manual burn could see a lift-off in price in the same magnitude.

Related Posts

GEEGOO PUZZLE’s GGP Token Recently Listed on the Global Virtual Asset Exchange ‘Probit Global’

GEEGOO PUZZLE’s GGP Token Recently Listed on the Global Virtual Asset Exchange ‘Probit Global’

by firstcryptonews
July 6, 2022
0

On June 20th, 2022, at 14:00 Korea Standard time (KST), GEEGOO PUZZLE’s GGP Token was listed on the global virtual...

Coinweb Launches the OnRamp Platform to Provide Full Fiat Rails Access to Digital Assets

Coinweb Launches the OnRamp Platform to Provide Full Fiat Rails Access to Digital Assets

by firstcryptonews
July 5, 2022
0

OnRamp emerges as the new payment solution powered by Coinweb’s blockchain-based technology Coinweb is proud to announce its fiat on...

Alternative Passive Income Streams As A Crypto Investor

Alternative Passive Income Streams As A Crypto Investor

by firstcryptonews
July 4, 2022
0

The crypto market can be very crazy. Today you are cashing out big time, and the next day, you could...

Innovative DeFi protocol SLEEP to Reward Users for learning about Health & the Importance of Quality Sleep.

Innovative DeFi protocol SLEEP to Reward Users for learning about Health & the Importance of Quality Sleep.

by firstcryptonews
June 30, 2022
0

The first Web3 lifestyle app that is urging people to improve their sleep and general health. There is no catch...

THE NAME THAT YOU SHOULD GET USED TO: METAU

THE NAME THAT YOU SHOULD GET USED TO: METAU

by firstcryptonews
June 28, 2022
0

METAU is a ready-to-deploy open metaverse platform designed by creatives and built to be accessible to all. It provides a...

Investing in the Brainpower Coinstore Labs, Coinstore.com makes a shining debut in the new era

Investing in the Brainpower Coinstore Labs, Coinstore.com makes a shining debut in the new era

by firstcryptonews
June 27, 2022
0

With the rapid development of the crypto industry, more and more high-quality projects are emerging. A new potential project needs...

Next Post
CSSA TOKEN

CSSA Token NFT super public chain is online, the industry's leading chain transformation platform

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Bitcoin dominance back to 2019 levels as institutions fill their bags

Bitcoin dominance back to 2019 levels as institutions fill their bags

2 years ago
SWACE IEO

That’s it! The first round of our IEO was a ROARING success after we exceeded our own expectations.

3 years ago
Yetubit

YetuSwap : Innovative Decentralized Exchange on Binance Smart Chain.

1 year ago
Will Twitter follow MicroStrategy’s Bitcoin strategy?

Will Twitter follow MicroStrategy’s Bitcoin strategy?

1 year ago
1irstcoin

1irstcoin LLC Shares (FST) ignites 2000% surge in Price over the Months

3 years ago
Crazy Bunny

CrazyBunny Skyrockets 22200% Since Launch, An New Entertainment Platform is Expected in Near Future

8 months ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

The Connecter 4.0- The World’s First Decentralized Bottom-Up Economy

The Connecter 4.0- The World’s First Decentralized Bottom-Up Economy

June 18, 2022

Press Release

GEEGOO PUZZLE’s GGP Token Recently Listed on the Global Virtual Asset Exchange ‘Probit Global’

GEEGOO PUZZLE’s GGP Token Recently Listed on the Global Virtual Asset Exchange ‘Probit Global’

July 6, 2022

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News