FAQ
Please note that FAQs will expand over time and the following frequently asked questions may be subject to change over time.
How does it work?
When $REVIVE Tokens are produced, new tokens are added to the overall supply dependent on how many assets are received as collateral for the $REVIVE Token. Because of the Planetary Price Rise Protocol implemented by $REVIVE, the Total Supply of Tokens rises at a somewhat lower pace than the current value, allowing for price appreciation. This protocol ensures that the token price is built in a sustainable way that supports long-term growth, by distributing the tax on purchases and sales to alter the ratio between the Backing Asset and the token's dynamic Total Supply more in favor of the backing asset. Rather than receiving 100% of the projected value in tokens, the $REVIVE Token will mint the buyer with a steadily increasing value, as the PPRP provides a consistent upward trajectory for the token's value.
Is REVIVE sustainable?
Revive is sustainable due to not only being supported by the Revive DAO Council but also being based on an already proven asset called Apollo - Apollo has had many successes over the recent times and $REVIVE looks to follow suit whilst also being supported by the original founder of Apollo.
Is it audited?
$REVIVE is currently undergoing the auditing process.
What happens when you buy REVIVE?
When $REVIVE Tokens are produced, new tokens are added to the overall supply dependent on how many assets are received as collateral for the $REVIVE Token. Because of the tax, the Total Supply of Tokens rises at a somewhat lower pace than the current value, allowing for price appreciation. This is made possible through the implementation of the Planetary Price Rise Protocol, which distributes the tax on purchases and sales in a way that alters the ratio between the backing asset and the token's dynamic total supply in favor of the backing asset.
Rather than receiving 100% of the projected value in tokens, the $REVIVE Token will mint the buyer with a steadily increasing value. This is due to the protocol's ability to provide a consistent upward trajectory for the token's value, as each transaction contributes to the overall increase in token value. By creating a sustainable and stable ecosystem for its users, $REVIVE is well-positioned as a promising investment opportunity for those seeking a long-term store of value that has the potential to appreciate over time.
How is the growth sustainable?
$REVIVE is designed to be an investment opportunity that provides a unique value proposition compared to traditional investments. One of the main features of $REVIVE is its ability to maintain a price floor that prevents the token from going down in price, while simultaneously allowing it to appreciate in value with every transaction. This is made possible through the implementation of in/out taxes that align with the mint/burn function on buys/sells.
How does the tax work? You can view the Tax structure HERE
Elastic Supply - Mint on purchase, Burn on sale.
How does REVIVE relate to APOLLO?
$REVIVE is a fork of $APOLLO and follows the same context in implementing a Planetary Price Rise Protocol (PPRP). This algorithm distributes the tax on purchases and sales in order to alter the ratio between the Backing Asset and the token's dynamic Total Supply more in favour of the backing asset. Transactions to buy, sell, and transfer $REVIVE tokens have varied consequences on the growing value of the tokens, as the PPRP provides a steady increase in token value to the supporting asset. By implementing this protocol, $REVIVE aims to create a sustainable and stable ecosystem for its users, where the value of the token is directly linked to the growth and success of the underlying project.
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