Reveel announces REVA token economics, with 37% allocated to the community

According to the official Reveel document, the total supply of REVA tokens is 1 billion, of which 37% is allocated to the community, 25% to investors, 22% to company funds, and 16% to teams and advisors. The initial circulation is about 150 million pieces, adopting a fixed supply model and planning to achieve deflation through dynamic income support repurchase. The repurchase mechanism stipulates that 75% of the initial net income will be used for market repurchase of tokens, followed by a weekly decrease of 5%, but the absolute amount must continue to increase, with a minimum repurchase ratio of 25%. take the place of Previously, it was announced that Binance Wallet will launch Reveel (REVA) pre release and airdrop activities on August 14th.