Token Overview

The RESO token is the native utility token of the Rectoverso platform, designed to facilitate various activities and transactions within the ecosystem. Built on the Solana blockchain, RESO leverages high throughput and low transaction costs, making it ideal for decentralized finance (DeFi) applications. With a fixed total supply of 100 million tokens, RESO aims to provide value to its holders through multiple use cases, supporting both platform utility and community engagement.

RESO is designed to fuel the Rectoverso ecosystem, providing essential functionalities such as paying for transaction fees, participating in staking, accessing the launchpad, earning rewards, and participating in governance. One of the key features of the RESO token is its strategic buyback mechanism, which ensures price stability and potential appreciation.

Key Highlights

• Name and Symbol: The native utility token of the Rectoverso platform is called RESO, with the symbol $RESO.

• Blockchain Network: RESO is built on the Solana blockchain, leveraging its high throughput and low transaction costs.

• Total Supply: The total supply of RESO tokens is fixed at 100 million, ensuring a predefined limit to prevent inflation.

Market Absorption and Distribution

• Initial Distribution: At release, 6.6 million tokens will be distributed via market and airdrop at a price of 0.1 USD per token, targeting 24,000 holders.

• 18-Month Target: The goal is to have 40% of the total supply (40 million tokens) absorbed within 18 months, aiming for 144,000 holders and achieving a market cap of 65 million USD.

• Buyback Mechanism: Rectoverso employs a strategic buyback mechanism to maintain and potentially increase the value of RESO tokens. For every distribution of RESO in the market, 80% of the USD collected will be used to buy back RESO tokens at 80% of the distribution price. This mechanism is designed to ensure that the token price tends to increase and avoids significant price drops. By consistently buying back tokens, the circulating supply is reduced, creating upward pressure on the token's price, thereby providing confidence to investors about the long-term value of their holdings.

Purpose and Utility

• Transaction Fees: RESO is used to pay for transaction fees on the Rectoverso platform, including trading fees, staking fees, and bridging fees.

• Staking: Users can stake RESO tokens to earn rewards, participate in governance, and support network security.

• Launchpad Access: Developers pay listing fees in RESO tokens to launch their projects on the Rectoverso Launchpad. Users also use RESO to participate in token sales and other launchpad events.

• Incentives and Rewards: RESO tokens are distributed as incentives for liquidity providers, active community members, and participants in various platform activities.

• Governance Participation: RESO holders may use their tokens to vote on important proposals, influencing the development and direction of the Rectoverso platform.

Economic Model

• Controlled Inflation: The tokenomics model is designed to control inflation and provide incentives to token holders, maintaining the token's value over time.

• Buyback Mechanism: Highlighting again, the buyback mechanism is a crucial component of RESO's economic model. It involves using 80% of the USD collected from token sales to repurchase RESO tokens at 80% of the distribution price, supporting price stability and potential appreciation.

Security and Compliance

• Audits and Security Measures: RESO smart contracts undergo regular security audits to ensure their safety and reliability.

• Regulatory Compliance: The issuance and use of RESO tokens comply with applicable regulations to protect users and maintain platform integrity.

Community and Ecosystem Support

• Developer Support: RESO tokens support ecosystem growth by funding development grants, partnerships, and other community initiatives.

• User Engagement: The token fosters active participation in the platform through various incentive programs, ensuring a vibrant and engaged community.