Maximize Your Earnings with the R Token Airdrop

10 min readApr 7, 2024

R Token Airdrop!

Maximize your earnings with 120% APR in R Token on staked REVU! — More than $220,000 worth of R Token up for grabs!

We’re thrilled to unveil the upgraded staking center, seamlessly woven into our fresh app update — a fusion of technology and user-focused design.

Recognizing the value of your patience and dedication to the Revuto ecosystem, we’re expressing our gratitude with additional perks exclusively for our loyal users who choose to stake REVU with us. These tailored benefits are designed to enhance your experience and reward your commitment as we embark on this exciting new chapter together.

Stay with us as we explore the enhancements set to elevate your endeavors with Revuto!

REVU rewards — Your Loyalty Continues to Reap Rewards

During the entire prolonged staking period, some of you have already initiated unstaking claims for tokens, and we would like to reassure you that APR has been added for every single day that was delayed. This means you’ll get staking rewards for the entire time until the tokens are sent to your wallet! No rewards were lost during the time!

Rewards will be calculated for the initial lock-up period plus each additional day during which tokens were locked up (pending to be claimed), but there will be a process to get your tokens. On Monday (April 8th), all unstaking pending requests will be deleted, meaning you can decide to keep staking your REVU until July 12th and stay eligible for the R Token Airdrop (120% APR in R Token).

NFT for Revuto Physical Metal Card

All affected users from the Staking Center downtime will get a free Metal Card NFT or, if they already have a Card NFT, a free upgrade to the metal card for the Revuto PDC (Physical Debit Card). Those who already have an NFT for the metal card will get an additional one so they can sell/trade them or gift them to a loved one once we mint Card NFTs.

Also, those who are not eligible for Revuto Debit Cards (all non-EU users) will be able to either sell/trade those NFTs or keep them until we unlock their region. It’s a small gift that may not seem huge, but, still, as the initial series of Revuto PDCs (and NFTs) are limited, the (earned) gift may result in being a good value over time, and a reward for patience.

R Token Airdrop — Maximize your earnings with 120% APR in R Token on staked Revu! — More than $220,000 worth of R Token up for grabs!

As a token of gratitude for your support during the prolonged Staking Center maintenance, Revuto has decided to create an Airdrop worth more than $220,000 in R Token!

How will the R Token Airdrop work?

From 12 April until 12 July 2024, Revuto will take multiple snapshots of the following staking pools: Basic Staking Pool, Rstronaut Basic Staking Pool, EBT1 Staking Pool, and EBT2 Staking Pool. All staked REVU tokens in the pools will be taken into consideration for the Airdrop. At the end of the staking period, we will calculate the average amount of REVU that was locked during the period and airdrop the eligible R Token amount accordingly.

This means that on top of your APR in the REVU Token, you will get an additional 120% APR in the R Token as a bonus!!

If the average amount of REVU Tokens staked for three months (until July 12, 2024) is 3,000 REVU, the user will get 120% APR (30%) in R Token.

For the full three months of staking, this will yield 9000 R Tokens; 3000 REVU’s 30%, which is 900, will be taken into account, and due to the 1:10 ratio with the R Token, outputting 9000 R Tokens.

Formula for this particular Event is:

3000 x (120% / (12/3)) x 10 = 9000

3000 (amount of the Revu tokens staked) x 120% (APR for three months) x 10 (Ratio of R token to REVU)

In this case, the total input user did was 3000 Revu tokens in Basic Staking pool and after one year the full reward for staking without yield user gets in total:

3300 REVU Tokens + 9000 R Tokens (10% APR (example for Basic Staking Pools) + 30% Airdrop

*As this Airdrop is an exclusive event, it will only be available for three months, yielding 30% in 3 months; which puts the annual yield to a whopping 120%!

To calculate the R Token Airdrop amount, the Revuto team will take snapshots of REVU tokens staked in the Revuto Staking Center at random intervals until July 12th.

One R Token is set up to be worth 0.1 REVU, meaning 1 REVU is 10 R Tokens. For precise conversion figures, keep an eye out for updates in the upcoming Revuto whitepaper. Our team will fine-tune the conversion rates and R Token IDO pricing in alignment with market dynamics to ensure optimal IDO outcomes.

The Airdrop will happen two months after the completion of the R Token IDO (set for late 2024 or 2025, depending on the market situation). To maximize the opportunity for R Token Airdrop holders, the team will aim to schedule the R Token IDO during the best possible market conditions and set up the IDO in a way that all R Token holders can maximize their earnings from participating in the airdrop.

Important: If a user decides to unstake their REVU at any time between the 12th of April and July 12, 2024, they’ll lose the right to participate in this R Token Airdrop!

Having a high REVU TVL (Total Value Locked) before we launch the V4 will help us better kickstart the REVU token economy once the specific product features start creating demand for REVU, which should result in REVU value going forward.

Please note: A high TVL increases the odds of being selected for the Revuto v4 Public Testing Phase for the VDCs. The application process will start on Monday, April 8th. TVL amount will play an important role in the selection process.

As such, keeping on staking will benefit both parties involved.

The R Token Airdrop is of huge importance for the Revuto community because it will boost engagement around the project, resulting in the launch of Revudex (the DEX within the Revuto non-custodial wallet in the Revuto app). You can read why the Revudex product is important for the Revuto ecosystem and why Revuto postponed its launch in our past blog posts. If you want to learn more about the product, its launch date, and the R Token token sale, once market conditions change for the better, please follow our social channels and official announcements.

We appreciate all your support and dedication so far. The time to shine is now, as with you on our side, we are on the right track to make 2024 the best year so far!

FAQ

I have initiated the unstake before, will my assets arrive immediately on Monday, the 8th of April?

As the Staking Center was revamped upon the old system, all initiated claim requests will be

reset upon re-opening. Users who wish to claim their tokens must go to the Staking Center and initiate the claim again starting Monday, April 8th.

2. If I unstake my Revu tokens in October 2023, will I lose the rewards for October 2023 — April 2024?

As the initial claim request was never fulfilled due to Staking Center maintenance, the locked amount has generated rewards during this time. The rewards for each day during this period will be added to your wallet. Therefore, you get the initial amount and the rewards according to APR for the entire duration!

3. How and where will I get my NFT for the Metal Card?

Your Metal Card NFT will be automatically granted to your dedicated NFT Center within the Revuto app.

4. I already have the Metal Card NFT, what do I get?

You will receive an extra NFT, adding to your collection, which you can later trade, sell, or gift following their minting.

5. I have the Plastic Card NFT, what will I get?

Your NFT will be upgraded to the Metal Card NFT!

6. I am outside EEA/UK, so how can I use the NFT for the Metal card?

Yes, you will also get the Metal Card NFT! Our ultimate goal is to provide our cards globally, so we advise you to keep your NFT until we support your region, or feel free to trade, sell, or gift it post-minting.

7. How can I know if I am eligible for the R token Airdrop?

You are eligible for the airdrop if you staked Revu tokens in the Basic, Rstronaut Basic, EBT1, or EBT2 REVU staking pools and did not claim your REVU tokens between April 12th and July 12th.

8. How can I claim my tokens and still be eligible for the Airdrop?

The Staking Center reactivates on April 8th, allowing for token claims. Given that the initial Airdrop snapshot is on April 12th, you can safely claim and re-stake your tokens between April 8th — 11th and retain your Airdrop eligibility. Just remember, any claims post-April 12th disqualify you from the Airdrop.

9. What happens if I claim my tokens after April 12th?

If tokens are claimed after the 12th of April, the eligibility to participate in the Airdrop is lost and can not be added again.

10. What is the R Token airdrop’s duration and APR?

The duration is from the 12th of April 2024 until the 12th of July. The APR for the R token is 120%!

11. How is the R Token Airdrop reward calculated?

If the average amount of REVU Tokens staked for three months (until July 12th, 2024) is 3,000 REVU, the user will get 120% APR (30%) in R Token.

For the full three months, this will yield 9000 R Tokens; 3000 REVU’s 30%, which is 900, will be taken into account, and due to the 1:10 ratio with the R Token, this will output 9000 R Tokens.

The formula for this particular Event is:
3000 x (120% / (12/3)) x 10 = 9000

3000(amount of the Revu tokens staked) x 120% (APR for 3 months) x 10 (Ratio of R token to Revu)

In this case, the total input the user did was 3000 Revu tokens in the Basic Staking pool, and after 1 year, the full reward for staking without yield user gets in total:

3300 REVU Tokens + 9000 R Tokens (10% APR (example for Basic Staking Pools) + 30% Airdrop

*As this Airdrop is an exclusive event, it will only be available for three months. It yields 30% in three months, which puts the annual yield at a whopping 120%!

12. When are the snapshots taken?

The snapshots will be taken multiple times at random intervals from April 12th until July 12th. Then, we will calculate the average amount of your Revu tokens in the Staking pools and distribute the R token airdrop accordingly! Revuto will reveal the exact dates of snapshots taken after July 12th.

13. When will I receive the R token in my wallet?

Your R token Airdrop amount will be shown in the app in the section “R token”. By tapping on it, you will be able to see the amount added. The Airdrop will happen two months after the completion of the R Token IDO (set for late 2024 or 2025, depending on the market situation). To maximize the opportunity for R Token Airdrop holders, the team will aim to schedule the R Token IDO during the best possible market conditions and set up the IDO in a way that all R Token holders can maximize their earnings from participating in the airdrop

14. Is the R token minted, can I sell it?

The R token is not yet minted. R Token IDO will happen later (set for late 2024 or 2025, depending on the market situation). Once the R token is minted and listed on the DEX, you will be able to trade it!

15. What is the value of 1 R token?

One R Token is set up to be worth 0.1 REVU, meaning 1 REVU is 10 R Tokens. Still, more specific details about the expected conversion will be released with future Revuto whitepaper updates. The team will adjust conversion and R Token IDO prices according to the market conditions and other factors necessary for the successful IDO.

16. I need more assistance and clarification for my situation!

Please do not hesitate to contact us via support@revuto.com or ask our Admins via Telegram for further assistance.

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