Hey All,
Rebuschain is trying to bridge #TradFi to #DeFi. I got attached to the project because of the Rebus token Airdrop. I had been staking the #REBUS token for a long time and when the VERTO Dex was launched, I decided to move the tokens to the dex to farm #VERTO token. Here is a bit of information on the VERTO Tokenomics
The VERTO token powers the VertoTrade ecosystem and can be minted via the Farms and Pools, or you can also buy it on the Verto Dex Here. At the same time #VERTO token has a hard cap of 600 Million tokens of which ~54% will be burned so there will be only ~276 Million VERTO after the first year and 12 years of emission.
Following is the emission rate of VERTO during twelve years and Rebuschain has a blocktime of 3 seconds on an average. The number of tokens minted is approximated. One can earn #VERTO token from Farms and Pools. In my case specifically, since I had #REBUS tokens already in hand I entered the minting pool - where I staked #REBUS token to earn #VERTO. At the moment you can further stake #VERTO token to mint other tokens like #AUREUS, #LUDUS and #TECHNE these tokens are also associated to the VERTO platform.
As you can see from the above image, I have close to 5.6K+ #WREBUS tokens staked and the moment there is already a rewards of 141+ #VERTO tokens to be claimed. At the moment I am swapping all the VERTO tokens for REBUS and redirecting the rewards back to the #WREBUS pool. The plan ahead is to continue to BUILD & HOLD the #REBUS tokens and keep on increasing the stake in the farming pool of #WREBUS here on the VERTO Dex
The price of #REBUS token is not that great as well, where it is trading for less than a cent. Therefore it makes no sense to sell at these low levels. You can easily move the $REBUS token to Osmosis App and trade there for any stable coin. So for now I am going to stick to the plan of accumulating and farming #VERTO and #REBUS tokens for now..no selling at all... cheers
Did you hear about REBUS blockchain and VERTO Dex? If Yes - what are you doing with your $REBUS tokens at the moment? Let me know in the comment section below...
Best Regards
Image Courtesy:: verto dex. verto trade, coingeckgo
