$RFT Fan Token

What is Real Madrid Fan Token?

What is Real Madrid Fan Token?

Tokenomics

Tokenomics

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REAL FAN TOKEN ($RFT)

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REAL FAN TOKEN ($RFT)

Why Static?

Why Static?

Manual Burns

Manual Burns

Charity activities

Charity activities

Manual Burns

Sometimes burns matter; sometimes they don’t. A continuous burn on any one protocol can be nice in the early days, however, this means the burn cannot be finite or controlled in any way. Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed. The conditions of the manual burn and the amounts can be advertised and tracked. RFT aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term. Furthermore, the total number of RFT burned is featured on our readout located on the website which allows for further transparency in identifying the current circulating supply at any given point of time.

Charity activities

Charity fund wallet; 2% of each transaction will be sent here. We will sell all of tokens of this wallet and donate on https://www.binance.charity every week. More transactions, more donations.

WHITE PAPER

REAL FAN TOKEN ($RFT)

Static Rewards, Manual Burn, Charity activities

A common misconception with the heavy APY average is the subjectivity of the impermanent loss from staking an LP (liquidity provider) in a farming reward generator. With the explosion of DeFi we have seen too many new cryptocurrency prospectors get sucked into a high APY LP-farming trap, feeling hopeless as they are pushed out by earlier buyers with higher staking rewards. We’ve all been there, seeing those shiny 6 digit figures can be pretty damn tempting to jump in. However, almost always the token suffers from the inevitable valuation bubble, which is then followed by the burst and the impending collapse of the price. This Is why we have seen the mass adoption of static rewards, also known as reflection, a separate concept that seeks to eliminate the troubles caused by farming rewards.

Why Static?

Static rewards solve a host of problems. First, the reward amount is conditional upon the volume of the token being traded. This mechanism aims to alleviate some of the downward sell pressure put on the token caused by earlier adopters selling their tokens after farming crazy high APY’s. Second, the reflect mechanism encourages holders to hang onto their tokens to garner higher kick-backs which are based upon a percentages carried out and dependant upon the total tokens held by the owner.

Tokenomics

Token Name : REAL FAN TOKEN (RFT).

2% Tax fee , 2% burning fee , 2% donation fee.

Total supply: 1,000,000,000,000 RFT.

Presale: 300,000,000,000 RFT.

Listing: 150,000,000,000 RFT.

Softcap: 100 BNB, Hardcap: 300 BNB.

Presale price: 1BNB = 1,000,000,000 RFT.

Listing price: 1BNB = 714,286,000 RFT.

Adding and LOCKING liquidity up to 70% BNB of presale in 6 months, 30% BNB for marketing.

Burning: 30% total supply. Before presale burning 10%, after presale burning 10%, 10% for burning in long term.

Lock the rest of tokens (~25% total supply) in 1 months.

What is Real Madrid Fan Token?

The Real Madrid Fan Token (RFT) is a utility token that gives Real Madrid Football Club (“Real Madrid C.F”) fans a tokenized share of influence on club decisions using the Binance Smart Chain (BEP20) and services. 2% burning fee, 2% tax and 2% donation fee will be sent directly to our Charity fund wallet for every Txn Hash. Donation fee ($RFT) will be sold and donated to the Binance Charity Fund every week.