Initial Minted supply: 1,000,000,000,000
Current Total supply: 909,090,909,090
Est. Circulating supply after burns: 809,090,909,090 $RAVE - CA: 0xf9f0724ceb8671390bc422003628cb230d513702
7% Rewards & 3% Burn
Total Supply: 1,000,000
Est. Circulating Supply: 800,172.928
DEX listings: https://viper.exchange/#/ & https://lootswap.finance/
The Rave has always been a safe space to express ourselves, dance to music we love and share moments together separate from the outside world. $RAVE brings that same energy into the Harmony ONE network and crypto community. $RAVE unites RAVERS worldwide to celebrate our shared experiences and inspire new RAVERS to experience the Harmony ONE ecosystem.
$RAVE celebrates the global rave industry as an event & artist promotional channel while creating holder benefits through deflationary tokenomics (7% rewards, 3% burn) and utility for crypto tokens in the music industry. The first utility in-process of rolling out is ‘$RAVE Promotions’, utilizing $RAVE and $LAZR as a rewards program used by event promoters to reward their fans that help market events on socials. ‘Street team’ members will receive the tokens for completing marketing tasks redeemable for tickets, merch, or anything the promoter decides. As we grow, a website for promoters to manage their rewards program will be created to facilitate task verification, rewards distribution and prize redemption.
The $RAVE webstore supports the projects with merch sales featuring $RAVE and $LAZR gear, accepting $ONE as a payment. $RAVE and $LAZR are supported through buybacks from merch revenue on the $RAVE webstore. The webstore also serves as a merch launchpad marketplace for music-industry brands and qualified Harmony projects, providing an established platform to sell their products for the native token, $ONE, and fixed revenue for the store. Fans will have many choices in projects or brand to support! Marketplace brands only pay a fixed monthly listing fee and keep 100% profit.
$LAZR is the incentivized reward token for the $RAVE brand on the Harmony ONE protocol, supporting the many opportunities for yield farming and entertainment-industry utility such as ‘$RAVE Promotions’.
The first utility in-process of rolling out is ‘$RAVE Promotions’, utilizing $LAZR and/or $RAVE, as a rewards program used by event promoters to reward their fans that help market events on socials. ‘Street team’ members will receive the tokens for completing marketing tasks redeemable for tickets, merch, or anything the promoter decides. As we grow, a website for promoters to manage their rewards program will be created to facilitate task verification, rewards distribution and prize redemption.
$LAZR currently has incentivized pools on Lootswap with Troll Guild for LAZR-TROLL and in the TokenJenny pool parties for single stake and LAZR-ONE (links below). Additional partnership pools are currently in development. $LAZR also has a Token Jenny Gem Mine featuring fixed block emissions of 20 $LAZR/block/wallet for a set entry fee in $JENN until the mine is depleted. Fees from these pools contribute to recurring burns and locking in LP tokens.
The Gem Mine entry fee has allowed for the creation of the $RAVE Totem fund. This fund provides additional funding for the project that can be deployed in many ways. The fund supports expanding liquidity, balancing pools, initiating buybacks, and new investments to add more value such as NFTs or partner tokens. The Totem will enable us to focus on the continuation of adding value and maintaining confidence while minimizing excessive volatility when possible. We all accept some level of volatility in this space but the ability provide new liquidity and token buybacks helps to ensure stability as we grow to a more solid liquid foundation.
New utility is continuously being developed for $RAVE & $LAZR bringing new ways for earning and adding value to the projects long-term. Combining $LAZR and $RAVE vastly increases the flexibility for the project to adapt to new opportunities for growing holders (‘RAVERS’) and provide attractive returns through multiple platforms. This RAVEpaper will continue to be updated as new developments are implemented and new goals are added to the expanding vision. RAVE ON!
Current $LAZR incentivized pools:
Token Jenny Gem Mine:
Token Jenny Pool Parties:
**LP tokens must be first created on Viper.Exchange before staking on TJ**
LAZR-ONE (Pair CA: 0x5392784a2563774755b99cce55df804284f5d6e8)
LAZR Single Stake:
Troll Guild on LootSwap:
**LP tokens must be first created on Lootswap.finance before staking in Guild**
LAZR-TROLL (Pair CA: 0x50af18f06a26e7590cd127931ff9506b41f2c1c9)