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Rainbow Token news
About Rainbow Token
What are the tokenomics of $RAINBOW?
$RAINBOW takes 7 colors, and assigns each of them a special protocol that is built into the tokenomics of the smart contract.
What is the utility of $RAINBOW?
RAINBOW plans to develop a decentralized platform service called Bifrost that allows users to launch their own tokens in a safe way. It wishes to improve upon current solutions, with a particular focus on reduced fees.
Bifrost features:
* Clean user interface
* Flexible and modifiable sales
* Public and private presales with whitelisting features
* Low and fair fees
* Can pair with any token for liquidity launching
* Active customer support team
* Good accommodation for modern tokenomics
Red: Burn
The red protocol is the burning protocol, where a part of each transaction is immediately and permanently burned straight to the dead address.
Orange: Buyback
The orange protocol is the buyback protocol, which collects BNB inside of contract incrementally to then be used automatically to buy back tokens after each and every sell.
Yellow: Reflection
The yellow protocol is autonomous reflection. This works by "reflecting" a portion of each transaction back to every single holder based on the percentage of the total supply that they own.
Green: Charity
The green protocol takes a portion of each transaction and uses it for donating to community-voted charities. The charity process is voted in by the community at intervals so that we can effectively give back to multiple different areas of need such as animal welfare, poverty, ecosystem preservation and healthcare!
Blue: Liquidity
The blue protocol is dedicated to automatically growing the size of the liquidity pool. The larger liquidity means that in the long run the token will more effectively retain its value.
Indigo: Development
The indigo protocol is a cut that is taken for the development team to cover business and marketing expenses.
Violet: Giveaway
The violet protocol is an automatic built-in giveaway system, which rewards a random transaction recipient with an amount of tokens!
The live Rainbow Token price today is $3.19e-10 USD with a 24-hour trading volume of $60.18 USD. We update our RAINBOW to USD price in real-time. Rainbow Token is down 17.00% in the last 24 hours. The current CoinMarketCap ranking is #1610, with a live market cap of $274,200 USD. It has a circulating supply of 860,397,837,230,263 RAINBOW coins and a max. supply of 1,000,000,000,000,000 RAINBOW coins.
If you would like to know where to buy Rainbow Token at the current rate, the top cryptocurrency exchanges for trading in Rainbow Token stock are currently LATOKEN, and PancakeSwap v2 (BSC). You can find others listed on our crypto exchanges page.