Reveel announces REVA token economics: total supply is 1 billion, 37% allocated to the community

Odaily Planet Daily reports that Reveel has announced the REVA token economics. 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, with a fixed supply model and plans to achieve deflation through dynamic revenue-backed buybacks. The buyback mechanism stipulates that 75% of net revenue will be used to repurchase tokens from the market initially, with a 5% reduction each subsequent cycle, but the absolute amount must continue to increase, with a minimum buyback ratio of 25%. Binance Wallet previously announced that it will launch a Reveel (REVA) pre-launch and airdrop on August 14th.