Fun

$RMPL Launches, Revolutionizing the Cryptocurrency Market with a Decentralized Elastic Supply Model

News Feed - 2020-08-18 05:08:00

$RMPL Launches, Revolutionizing the Cryptocurrency Market with a Decentralized Elastic Supply Model


Announcing the official launch of $RMPL, an ERC20 cryptocurrency with an elastic supply model, redesigned to solve unfair market manipulation and exploitation. $RMPL is currently on Uniswap, and will soon be released on several popular cryptocurrency exchanges.


RMPL is a decentralized finance (DeFi) protocol developed with an elastic supply model. The total supply of RMPL constantly changes via a randomized rebasing that adjusts the supply at a random time 0 to 48 hours after the previous rebasing. This randomized rebasing prevents the price manipulation and exploitation of these events by bots or whales, solving the problem that arose when rebasing followed a strict schedule, taking place at the same time every day.


Whereas scheduled rebasing creates an unprofitable and monopolized environment for the majority of the user base, randomized rebasing keeps the volatility in the token supply, not the price.


The base price target of $RMPL starts at 1 USDT with double the monthly adjustments for dollar inflation. This creates a more attractive coin to hold onto longer. Owning RMPL means owning a percentage of the network. As the market cap rises, so do the shares.


“Unlike some of our competitors who have gotten so big, they have no room to grow, $RMPL will open at a cost low enough for most users to invest at the ground level,” commented Ed E, co-founder. “And with its randomized rebasing, no one can preemptively manipulate the price.”


After its launch on UniSwap on Aug 2, 2020, $RMPL users traded over $8,000,000, netting it the honor of second place for 24-hour volume on the Ethereum-based exchange. To view on Uniswap, click here.


Upcoming RMPL announcements:Exchange listings are currently being worked on and will be available in the coming weeksThe RMPL Cradle will launch later this month, offering a solution to incentivize liquidity provision on Uniswap


For more information on RMPL, visit https­­­://rmpl.io.


About RMPL


RMPL is a decentralized ERC20 cryptocurrency with an elastic supply model that reaches supply-price equilibrium based on randomized rebasing. Developed to protect against the market manipulation and bot/whale exploitation that traditional scheduled rebasing encounters, RMPL offers its holders a steady ownership in the network with holdings that rise in value with the market cap. Reject the rigged game and come hold with us at https://rmpl.io.


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.72% of Investors Will Hold Bitcoin Even if Price Falls to $0MARKETS AND PRICES | 2 hours agoAmid US Postal Service "Crisis" USPS Files Patent for Blockchain Mail-in Voting SchemeBLOCKCHAIN | 6 hours agoTags in this story$RMPL, Bitcoin, Cryptocurrency, DeFi, ERC20, uniswap, USDT


Image Credits: Shutterstock, Pixabay, Wiki CommonsSpot-markets for Bitcoin, Bitcoin Cash, Ripple, Litecoin and more. Start your trading here.

News Feed

Settlements With China — Russia Plans Next Step for Digital Ruble
Settlements With China — Russia Plans Next Step for Digital Ruble Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China
While Chinese Bitcoin Miners Escaped Crackdowns, Sichuan’s Hydropower Plants Were Not So Lucky
While Chinese Bitcoin Miners Escaped Crackdowns, Sichuan"s Hydropower Plants Were Not So Lucky Regional reports from China indicate that government officials hav
Savannah Fortis10 hours agoChinese city implements plan for blockchain digital infrastructure system by 2025The government of Shanghai has implemented a strategic plan to develop its urban blockchain digital infrastructu
The Internet May Be Next Victim of Coronavirus Pandemic – Netflix, Google, Apple and Amazon React
The Internet May Be Next Victim of Coronavirus Pandemic – Netflix, Google, Apple and Amazon React With an estimated billion people staying home, remote working or just watching
Solana Welcomes Ethereum Prodigy – Is A Price Surge On The Horizon?
Este artículo también está disponible en español. Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his depart
XRP Ready To Detonate—Analyst Sees 470% Surge On Deck
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Binance Becomes Official Sponsor of the TotalEnergies Africa Cup of Nations (AFCON 2021)
Binance Becomes Official Sponsor of the TotalEnergies Africa Cup of Nations (AFCON 2021) sponsored Binance is thrilled to announce that it is an official sponsor of the 2021 TotalEn
Bitcoin halving searches on Google is at its highest point ever
Tom Mitchelhill7 hours agoBitcoin halving searches on Google is at its highest point everExcitement around the upcoming Bitcoin halving has seen a continued increase in searches for the term on Google.5606 Total views19
DeFi Technologies slams ‘defamatory’ report that tanked its stock 28%
Jesse Coghlan3 hours agoDeFi Technologies slams ‘defamatory’ report that tanked its stock 28%The ETP issuer says a Tuesday CoinSnacks report was likely “commissioned by short sellers,” which the crypto-focused ne
New Zealand Tax Agency Asks Crypto Firms to Hand Over Clients’ Personal Data
New Zealand Tax Agency Asks Crypto Firms to Hand Over Clients" Personal DataThe Inland Revenue Department (IRD) of New Zealand has requested that crypto companies in the country han
Amaka Nwaokocha1 hour agoCelsius Network approved to convert altcoins into BTC or ETHThe liquidations will pave the way for the distribution of the funds to creditors in the near future.1042 Total viewsListen to article
Tom Mitchelhill4 hours agoFriend.tech clone Stars Arena drives surge of activity on AvalancheThe price of AVAX has surged more than 8% amid heightened network activity brought about by Friend.tech look-alike Stars Arena.