RevoLotto (RVL), as the whitepaper cites, is a revolutionary lottery coin. It is a decentralized cryptocurrency that rewards token holders for conducting transactions. The cryptocurrency seeks to grant traders instant rewards on every transaction and protect them using its burn protocol and unique circulation cycles. RevoLotto (RVL) is exclusively created on the Binance Smart Chain (BSC). BSC is a secure and simple-to-use blockchain and stands out as a good fit for RevoLotto (RVL).
Besides, the cryptocurrency is a four-dimensional coin seeking to allow users to win higher profits and increased bonuses. For instance, on every successful trade, 80% of the coins are granted to the trader, 6% of the remaining are distributed among the token holders, 5% of the coins are burned, and lastly, the remaining 9% of the coins are transferred into a liquidity pool. In brief, coin burning refers to the process of removing tokens from circulation and sending them to an unusable wallet address instead. Furthermore, the coins added into the liquidity pool are secure in a locker for three months. Traders who keep the coins in the locker for the whole three months seek to get the coins as a bonus and profit numerous times.
Accordingly, trading coins in a network levies a 20% charge. However, in reality, the charges are approximately about 5%. After all, token holders own the coins locked into a liquidity pool (9%) and the coins tossed out of circulation (5%). On the contrary, stacking away the coins for three months bars users from trading the tokens for the set period. Meanwhile, more users join the network, and the coin value aims to shoot up. Therefore, users retaining their tokens for long seek to avail bigger profits.
Further, RevoLotto (RVL) seeks to bring forth an improved standard of decentralized finance (DeFi) by utilizing a new and inventive coin circulation cycle. First, the circulation cycle seeks to involve decreasing the supply of coins in the network. In the case of RevoLotto (RVL), 5% of the total supply is burned, thereby reducing the total count of coins in circulation. Following a drop in the total supply of coins, the value of the token witnesses a sharp increase. For example, if 100 tokens are circulating in the network at a particular value, the value remains unchanged after the first coin circulation cycle. However, the count of the tokens depletes by 5%. In short, what was once the value of 100 coins seems to stand out as the value of 95 coins in the second circulation cycle.
