According to BlockBeats, Reveel announced the REVA token economics on August 13th. The total REVA token supply is 1 billion, with 37% allocated to the community, 25% to investors, 22% to the company's fund, and 16% to the team and advisors. The initial circulation will be approximately 150 million REVA tokens, with a fixed supply model and plans to achieve deflation through dynamic revenue-backed buybacks.
The repurchase mechanism stipulates that 75% of the initial net income will be used to repurchase tokens in the market, and then it will decrease by 5% each cycle, but the absolute amount must continue to increase, and the minimum repurchase ratio is 25%.
