# $RVRS Tokenomics

The Reverse Token (RVRS) is the key to accessing the benefits of Reverse Protocol.

Each RVRS token represents a share of the Reverseum Treasury, which is a community governed treasury representing a basket of assets earning yield on DeFi.

Since there are no current emissions, there is no need for a staking contract at this time. In the future there may be a contract implemented to manage distribution rewards.

Creating value to reward holders of the RVRS token is core to the principles on which Reverse Protocol is built.<br>

### **Initial Supply Distribution**

<mark style="color:orange;">This information is deprecated now due to migrating to Arbitrum. Token distribution was 1:1 with the old RVRS token on Harmony at the time our exit snapshot was taken.</mark>

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RVRS has a hard cap of 500,000,000 tokens, of which 7,025,000 RVRS will be pre-minted and distributed as follows

* 1,000,000 RVRS: Allocated to the IDO on Artemis Protocol.
* 700,000 RVRS: Allocated for initial liquidity. 75% LP tokens burnt to guarantee liquidity, 25% held in multisig.
* 225,000 RVRS: Allocated to team at launch. 75k was returned to the multisig.
* 100,000 RVRS: Allocated to the multisig.
* &#x20;5,000,000 RVRS: Allocated to initial bonding pools – initially held in multisig. <br>

### Ongoing Supply&#x20;

<mark style="color:orange;">**Currently there are no emissions of RVRS.**</mark>\
\ <mark style="color:orange;">**In the future there may be emissions used in the process of Bonding user funds to the Treasury in exchage for RVRS at a rate set by community consensus.**</mark><br>

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**There was no private sale / seed round for RVRS tokens.**

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