Announcing the official launch of $RMPL, an ERC20 cryptocurrency with an elastic supply model, redesigned to solve unfair market manipulation and exploitation. $RMPL is currently on Uniswap, and will soon be released on several popular cryptocurrency exchanges.
RMPL is a decentralized finance (DeFi) protocol developed with an elastic supply model. The total supply of RMPL constantly changes via a randomized rebasing that adjusts the supply at a random time 0 to 48 hours after the previous rebasing. This randomized rebasing prevents the price manipulation and exploitation of these events by bots or whales, solving the problem that arose when rebasing followed a strict schedule, taking place at the same time every day.
Whereas scheduled rebasing creates an unprofitable and monopolized environment for the majority of the user base, randomized rebasing keeps the volatility in the token supply, not the price.
The base price target of $RMPL starts at 1 USDT with double the monthly adjustments for dollar inflation. This creates a more attractive coin to hold onto longer. Owning RMPL means owning a percentage of the network. As the market cap rises, so do the shares.
“Unlike some of our competitors who have gotten so big, they have no room to grow, $RMPL will open at a cost low enough for most users to invest at the ground level,” commented Ed E, co-founder. “And with its randomized rebasing, no one can preemptively manipulate the price.”
After its launch on UniSwap on Aug 2, 2020, $RMPL users traded over $8,000,000, netting it the honor of second place for 24-hour volume on the Ethereum-based exchange. To view on Uniswap, click here.
Upcoming RMPL announcements:
- Exchange listings are currently being worked on and will be available in the coming weeks
- The RMPL Cradle will launch later this month, offering a solution to incentivize liquidity provision on Uniswap
For more information on RMPL, visit https://rmpl.io.
RMPL is a decentralized ERC20 cryptocurrency with an elastic supply model that reaches supply-price equilibrium based on randomized rebasing. Developed to protect against the market manipulation and bot/whale exploitation that traditional scheduled rebasing encounters, RMPL offers its holders a steady ownership in the network with holdings that rise in value with the market cap. Reject the rigged game and come hold with us at https://rmpl.io.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post $RMPL Launches, Revolutionizing the Cryptocurrency Market with a Decentralized Elastic Supply Model appeared first on Bitcoin News.$RMPL Launches, Revolutionizing the Cryptocurrency Market with a Decentralized Elastic Supply Model by ICO Investigate