We’re excited to announce that we’re increasing the revenue distribution for RVST token and LP stakers from 15% to 100% for the foreseeable future. This is a major step forward for our ecosystem members, and it will significantly benefit our token holders. Moreover, we’ve introduced a new buyback mechanic to be implemented which will create positive buy pressure for the RVST token. This is a medium term solution, meant to positively impact our community up to the point that the new ecosystem token with improved tokenomics is released. RVST token holders and stakers will have the option to swap their tokens to this new token, with a 1:1 value conversion. RVST token and LP stakers will benefit further by receiving a higher staking multiplier upon its release (longer term = higher multiple). Further details on the exact mechanics will be provided closer to launch. At this stage, the best action our users can take is to accumulate RVST and stake long term.
Why are we increasing distribution?
Since the launch of Revest 2021 and Resonate in 2022, the crypto ecosystem has faced many significant hurdles as a collective. Ranging from macroeconomic conditions, geopolitical conflicts and key crypto infrastructure collapses — all of which has trickled down to impact the wider market.
Despite this, we have continued to develop and grow our utility and reach with the firm stance that we are creating essential infrastructure which is extremely impactful for the ecosystem as a whole. It hasn’t always been an easy journey. As such, we want to reward the token holders who have stuck by us throughout.
By increasing revenue distribution, we’re putting more power in the hands of our community members and rewarding them for their continued support.
What does this mean for RVST stakers?
This means that token stakers will now receive 100% of the revenue generated by Revest AND Resonate. This is a significant increase from the previous 15% distribution from Resonate, and it will mean that RVST token holders will see a much greater return on their investment. Resonate revenue generated within our ecosystem will be utilized to purchase RVST from the open market and sent to stakers. This distribution will take place on a monthly basis, beginning next month. Revest revenue generated will continue to be distributed in ETH.
What are the benefits of increased revenue distribution?
There are several benefits to increasing revenue distribution for token holders. First, it will incentivize token holders to hold onto their tokens. Second, it will increase the liquidity of the Revest token. Third, it will make Revest more attractive to investors. Fourth, it will generate more ongoing buy pressure and active volume for the RVST token. Lastly, by incentivizing investors to stake their tokens rather than simply holding, they will be positioned to receive a more favorable multiple upon the anticipated release of our new and improved ecosystem token.
In the spirit of transparency and full communication with our ecosystem, we’ve posted our deal pipeline below. This pipeline consists of institutional dealings only. Moreover, these deals are at varying stages in their lifecycle, although many are very mature. For the privacy of the involved parties, their names have been omitted until the referenced deals go live. To note, each deal requires careful consideration in regards to organizing the correct corresponding parties, technical support of the desired token(s), as well as security measures for the peace-of-mind of all parties involved (as some of the refenced hedge-funds are TradFi natives taking their first dive into the DeFi space). We expect that some will fall off as is the nature of business, but that the majority will see it through to fruition. All parties are extremely excited about the financial implications of our system, and that guaranteed returns are now possible (and much more).
We’re excited to continue building on this momentum and delivering even more value to our ecosystem.
We’re so grateful for your continued support, and we’re excited to see what the future holds for Revest!
The Revest Team