RftToken — a new social experimental token, based on blockchain technology, and aims to be converted to BTC on the TRON platform.
Contents:
About the RftToken project
RFT - a TRC20 token that has trade burn, lottery buy and cash dividend of these three special mechanisms. Thanks to the principle of community autonomy, RFT has no pre-excavation, no fundraising and zero team cash functions, and all original tokens will be poured into the AMM Exchange capital pool.
The distribution of the Combustion Trade Token is as follows:
- trading lottery jackpot: 10%;
- cash dividend jackpot: 40%;
- destruction (black hole): 50%.
For example, when a 10,000 RFT token is transferred, the current combustion rate is 5% and then the amount of combustion tokens is 10,000 * 5% = 500.
Other distinctive features:
| Firstly | When transferring each RFT, part of it will be destroyed, part of the transfer will go to the prize pool and dividend pool, and the remaining tokens will be sent to the recipient's address. |
| Secondly | When RFT is listed on Justswap for more than three days, the dividend mechanism is activated. If there is no RFT transfer within 24 hours prior to the snapshot and the foreign exchange holdings are greater than or equal to the current setpoint, then all relevant addresses will be equally divided. |
| Thirdly | If, when purchasing RFT from Justswap, the number of purchases is greater than or equal to the current set value, the recipient can receive 5% of the prize pool directly.. |
Due to the existence of a burning rate, there will be several tokens that will be destroyed during the transfer. The winning address can receive 5% of the lottery jackpot, and the upper limit on the premium amount is 0.2 million RFT.
Additional information
You can study the project in more detail, using the White Paper, which is presented on the site. Also, the developers provide some information on the main page. If you want to stay up to date with all innovations, subscribe to the community on Twitter and Telegram. The smart contract doesn’t have an audit.