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What is Rebellion Protocol project?
The Rebellion Protocol is a community focused project, which aims to bring value to its token holders over the long-term. The project's token is the REBL token, a standard BEP-20, built on top of the Binance Smart Chain.
What are the characteristics of the REBL token?
Three tax fees are taken on each of the REBL token transactions for a total of 9%: - 3% Reflection: this 3% tax amount is distributed to all REBL token holders pro rata their token holdings - 3% Automatic liquidity: this 3% tax amount is added to the existing token liquidity pool - 3% is added to an address. The amount in this address is used to fund different activities, which include token burns, marketing and airdrop competition.
What are the REBL token economics?
The total Supply of REBL token is 1,000,000,000,000 or 1 Trillion tokens. There will never be more tokens minted. The project launched the REBL token on the 11.11.2021 and added 50% of the total supply, that is 500,000,000,000 REBL tokens to the liquidity on decentralized exchanges. Liquidity is locked with a third party. The rest of the tokens are locked with a third party in two different addresses. The first one is the Community reserve and holds 30% of the total supply or 300,000,000,000 REBL tokens. Tokens in the Community reserve will be at the disposal of the community over 10 years. The second address is the Rebel Swap reserve and holds 20% of the total supply or 200,000,000,000 REBL tokens, to be used for the operations of the REBL swap in the future.
There was no team, VC investors or pre-sale tokens. Fair launch.
What are future developments?
A governance token, called Forger DAO (FORG), will be issued and made available to the community and investors in a second stage. The FORG token will be a BEP-20 standard token, built on top of the Binance Smart Chain, without any tax fees taken on it. The governance of the project will then be transferred to holders of this governance token.
In a third stage, the project will launch its own decentralized exchange, the Rebel Swap, which will focus on small market cap tokens. Its operations will be financed by the Rebel Swap reserve.
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