Tokenomics

A new cryptocurrency, $RIBS, is being introduced. Here’s what you need to know about $RIBS:

  • The total supply cap for $RIBS is 3 billion.

  • When 2.4 billion $RIBS have been distributed through staking, the staking "faucet" will be turned off. The remaining 600 million $RIBS will be reserved for potential uses such as airdrops, burns, or adding liquidity.

  • $RIBS will launch following the completion of the Gen 0 mint.

  • The liquidity pool will be paired with $ETH (ETH/RIBS ratio), allowing for trading on #### once the contract address (CA) is published.

  • The initial price of $RIBS at launch will be ####.

  • $RIBS can be staked for spices, securely without the risk of theft by BOBs.

  • A 10% tax is levied on secondary market sales, with 33% of the tax revenue being used to purchase and burn $RIBS, supporting the currency’s value.

PreviousPlaying the gameNextLaunch

Last updated