RIO is a cryptocurrency and utility token for the Realio Network and its associated platform. The token's utility and roadmap outline its various functions and planned developments.
RIO Roadmap and Utility
At Network Launch:
- Delegating to Realio Network validators for block rewards: Holders of RIO tokens can delegate them to validators on the Realio Network, earning them in return.
- Transaction and asset tokenization fees on the Realio Network: RIO tokens pay transaction and asset tokenization fees on the Realio Network.
Forthcoming Features:
- Super Staking: An enhanced staking mechanism that offers higher rewards for stakers.
- Fee Burning: A mechanism where a portion of transaction fees is burned, reducing the overall supply of RIO tokens over time.
- Rev Share: A revenue-sharing mechanism where holders of RIO tokens receive a share of the platform's revenue.
- Osmosis: A feature that allows exchanging RIO tokens with other tokens on the Realio Network.
- Multi-Chain Bridges: Bridges that allow RIO tokens to be transferred between different blockchain networks.
- Developer Outreach/Incentives: Programs to attract and incentivize developers to build on the Realio Network.
- DeFi Mortgage Market: A decentralized finance (DeFi) platform for mortgage-related services.
- Blockchain Primitives: Basic building blocks and tools for developers to create custom blockchain solutions on the Realio Network.
These features and developments are designed to enhance the utility and value of the RIO token and contribute to the growth and functionality of the Realio Network and platform.
RIO Tokenomics
The RIO token has a supply cap of 75,000,000 tokens. Of this, 45,000,000 tokens were pre-mined for the xRIO supply, used for staking and governance purposes. This pre-mined supply is included in the total initial circulating supply of 45,000,000 tokens. The remaining tokens will be minted over time as block rewards for validators and through other mechanisms like fee burning, ensuring a controlled and sustainable inflation rate for the RIO token.
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