RMPL reaches a supply-price equilibrium with its randomized rebasing. As a result, the volatility is in the token supply, not the price. Holders of the coin own a percentage of the network. Their holdings rise in value as market cap rises.
When the price is above the target price, then it needs to increase the RMPL in circulation and vice versa.
RMPL is a DeFi protocol with an elastic supply model. This means that the total supply of RMPL is constantly changing.
RMPL reaches a supply-price equilibrium with its randomized rebasing. As a result, the volatility is in the token supply, not the price.
RMPL is designed to maintain its base price target of $1 USD with a CPI inflation adjustment.
Holders of the coin own a percentage of the network. Their holdings rise in value as market cap rises.
Rebase is the event of adjusting the balance of all wallets based on the current price of the coin related to the target price.
The Rebase Lag Factor helps to smooth changes in supply. A lower Lag Factor means faster adjustments.
The RMPL Cradle offers a solution to incentivize liquidity provision on Uniswap.
Once you have provided liquidity for RMPL on Uniswap, you will receive UNI-V2 tokens, which you can stake on the Cradle dashboard. Depending on the amount of staked tokens and the duration of your stake, you will receive a share of the RMPL ecosystem pool.
The pool is unlocked over time and distributed to each staker according to his weight in the network.
Initial total supply : 3,000,000
Initial circulating supply: 1,350,000
Day Zero OTC 20% increase
Total supply: 3,600,000
Initial circulating supply: 1,620,000
After last rebase, total supply: 7,248,093
(as of 16 Sept 2020)
Price at launch: $1
Launched on 4th August 2020
at 01.00 UTC
Token distribution at launch
Future Development: 15%
Uniswap Liquidity: 17%