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Managing your risk is an important key when using decentralized finance. All information here should be independently verified, researched, and confirmed. We hope that the value the Protocol brings will be reflected in the value of the token; however, we cannot guarantee anything with respect to the token price, as there are many factors that we cannot control.
The Reverse Protocol and its team are not responsible for any losses or changes in token price and are not responsible for any lost funds due to smart contract exploits or otherwise. Reverse Protocol is also not responsible for any loss of funds or loss of value using any of its features.
The Reverse Protocol does not entitle users to any profit or revenue of any kind and RVRS should be considered an experiment, rather than an investment.
Never risk more than you can lose - you alone are responsible for your choices.
An overview of Reverseum Bonding Pools
Reverse’s bonding pools are designed to do two things:
Regular Bonding: Grow the Reverse treasury and to reward bonders with the chance to acquire RVRS at a discount to market price.
Stablecoin in->RVRS token out
RVRS Bonding: Allow RVRS holders to cash out their share of the Treasury by exchanging RVRS for treasury assets at a rate set by Governance.
RVRS token in->Stablecoin out
Using the bonding pools means permanently forfeiting assets to exchange with the treasury for the desired asset at the agreed upon rate. This is not reversible!
The act of bonding assets in and out of the treasury give the community more control over the assets controlled by the Protocol. No longer will Macro Market effects dilute hodlers by dumping the price of RVRS. Nor will moonshot boyz pump and dump the price, wrecking investors. Further details about Bonding Pools will be released as we update the protocol to enable new bonding pool designs.
An overview Reverse's utility token, RVRS
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.
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.
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.
5,000,000 RVRS: Allocated to initial bonding pools – initially held in multisig.
Currently there are no emissions of RVRS. 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.
There was no private sale / seed round for RVRS tokens.
The War-Chest of the Protocol
Treasury details are under construction as we lay out the new model for the Reverseum Treasury.
All funds are managed by Community Governance and monitored by executors elected by the Community.
Check out the roadmap below which outlines the exciting future ahead of Reverse Protocol!
This project was archived due to transitioning to a zero-inflation model. It is left up for historical purposes, in case someone wishes to revitalize this project, as the contracts are audited.
Reverse Protocol's refined staking implementation encourages RVRS holders to stake their RVRS in exchange for rewards.
RVRS is staked in the veRVRS staking contract, which entitles stakers to a share of the stablecoin airdrops, a share of the RVRS emissions and to the accumulation of veRVRS.
RVRS protocol's staking is built upon a heavily refined (3,3) concept where staking entitles RVRS holders to weekly UST airdrops, allowing holders to make profit without ever selling the RVRS token.
The stablecoins are sourced through deploying the Reverseum treasury in various yield bearing strategies controlled by community governance.
RVRS stakers receive a share of all RVRS emissions. This rewards continuous supporters of the protocol with an increasing share of the growing treasury. RVRS emissions reduce over time, so this incentivizes early adoption for taking on increased risk.
veRVRS acts as both the governance token for RVRS protocol and also as a diamond hands style reward for RVRS stakers that boosts a staker's share of airdrops and RVRS emissions.
veRVRS is rewarded for staking and will build over time up to a cap – which is currently set at 4x the total RVRS staked. Any removal of RVRS from staking will immediately slash all of a users veRVRS balance. The time to hit cap is currently set at 3 months.
Any removal of RVRS from the veRVRS contract will slash all of a users veRVRS
veRVRS aligns the interests of long-term stakers with those of the protocol by offering a boost on rewards and acting as a user’s ticket to participate in protocol governance.
Currently 1/3 of total yield distributions and RVRS emissions are allocated based on veRVRS share. veRVRS can not be sent, bought or sold – the only way to get veRVRS is to diamond-hand RVRS in staking.
RVRS is encouraged to be staked long term in the contract through rewarding RVRS stakers – however RVRS is NEVER hard locked – RVRS can always be removed from the pool, however the loss of veRVRS creates an incentive to not do so.
There is also a withdrawal fee, which is currently set at 5% for the first 2 weeks after last deposit, which prevents short term actors from gaming the airdrops or governance.
There is a withdrawal fee of 5% for the first 2 weeks to prevent short term behaviours from abusing veRVRS
A list of relevant addresses on Harmony Mainnet
As we've outlined already, Reverse is not an OlympusDAO fork; however, it is inspired by and takes cues from OHM, specifically from its protocol-owned liquidity and bonding mechanics.
OHM functions as a reserve currency, and more recently, as a bonds marketplace. OHM at the moment rebases at a set rate in a set interval. RVRS on the other hand is a treasury management and yield generating protocol, inspired by the treasury growth mechanisms of Olympus DAO.
The RVRS token does not rebase - it is rewarded for taking part in the bonding pools programs and is used as a key for governance and treasury management as well as the way to access treasury rewards.
The Reverse treasury, dubbed Reverseum, will not be used to directly back RVRS tokens at a risk free value (RFV) like OHM, but will instead be used more aggressively to generate and distribute yield and incentives to RVRS holders; these strategies are for governance to decide. Instead of RFV, RVRS will host occasional 'Reverse Bonds' which will allow RVRS holders to cash out their RVRS at a rate agreed upon by the community.
RVRS uses a mechanic called bonding pools, which is inspired by OHM's bonding. In bonding pools, similar to how OHM uses bonds to incentivize permanent liquidity and grow its treasury, users forfeit their assets in hope of a higher ROI. We don't, however, have dynamic bond pricing that reflects ever-changing market prices. The RVRS token has no official liquidity on any exchanges, so it cannot be freely traded. In essence RVRS is now more aligned with the framework.
Overview of Reverse Protocol Governance
Governance is an integral part of Reverse Protocol. $RVRS holders get to vote on proposals concerning the protocol and treasury. When making a proposal, contributors include as much information as possible and give voters a list of pros and cons; everyone is encouraged to take part in governance discussions on our, regardless of investing experience.
The unique benefit of Reverse Protocol vs. other treasury protocols is the yield earning strategies the Reverseum Treasury utilizes. The treasury is our war chest and we use it to earn yield on countless different chains with different strategies. These strategies are currently outlined in and shared on our .
The community is actively engaged in determining the best strategies for investment, and investment allocation and balancing is constantly being adjusted to accommodate market conditions. The more investors brought into the community, the more aware and responsive the treasury becomes.
Frequently Asked Questions
RVRS is not currently traded on any networks. The only way to obtain RVRS is to bond funds with the Reverseum Treasury during an active bonding event, which will be announced on and Twitter when they are happening.
It's even easier than that right now with RVRS. There is no staking! Simply holding your tokens in your wallet on Arbitrum will qualify you for voting and distribution privileges at this time.
Our protocol is as secure as the Arbitrum Network is, as it houses our governance token. Our investments are spread out across multiple chains, so there are additional risk factors associated with each of these investments.
The Reverseum Treasury puts most of its liquidity to work, creating more value than a dormant treasury can.
The RVRS treasury is invested in numerous strategies; many of these strategies require more complex management than the average investor is ready to tackle. We also have efficiencies of scale operating on high-gas networks, which provides significant savings when spread to all the different investors.
RVRS is one simple investment on a fast and affordable network, and managing your portfolio is as easy as holding the tokens in your wallet. Participation in Governance on Discord provides investors a voice in how the treasury is managed, as well as opportunities to get involved as a contributor to earn rewards. This builds not only knowledge and skills, but also reputation and exposure to the builder side of the Crypto Narrative.
The Reverse Protocol is an ever evolving community of crypto enthusiasts and degens looking to advance their understanding of this new digital economy.
Born during the early days of the Ohm-Fork craze, brought on by the success of Olympus DAO (OHM) and the game-theory inspired culture of (3,3), RVRS broke away from the trend and started something new. Instead of a simple treasury backed token, the Reverse Protocol created a treasury that was managed entirely by the Governance of token holders and invested back into the DeFi ecosystem.
One of the first unique traits of the RVRS investment system was their concept of direct revenue share of protocol profits. Before #RealYield became the next big narrative, the RVRS community was pioneering its implementation. Over the course of the following months, the protocol issued over 500K in rewards to its token holders.
All has not gone well for the Reverse Community, however. Beyond the devastation caused by UST failing, Harmony also suffered a seemingly fatal blow to all DeFi within its ecosystem. Due to fortunate timing as well as decisive action, the protocol was able to preserve a formidable amount of Treasury value, thankfully. This was, in part, due to the nature of the cross-chain diversified investments the Protocol has made over the last year; a bullish sign for cross-chain treasury investment strategies.
During these times of great changes and hardships, one thing has continue to be proven true above all else: the real value of RVRS stems from the community that controls it. It is because of this community that Reverse functions as it does today, and it is the community that continues to push it into the future. The persistence of this community now drives it to a new home on a new chain: Arbitrum!
Within the walls of the Reverse community resides an incubator for investment Alpha. Active members from all walks of life contribute with new project ideas, investment strategies, and rewards management techniques. The community is constantly grinding away at finding every opportunity, as well as thinking outside the box for tools we can build to fill a new product market fit.
The goal of Reverse is to create an environment for community to support community. Members rise up to the role of contributor as they work at developing their own skillsets, whether in actual coding or through other mediums such as artistic content or data/project analysis.
To achieve this goal, the community at RVRS is taking a step back from the free market trading scene, and focusing its efforts on internal reorganization. No longer will the RVRS token be traded. If you see anything out there claiming to be RVRS for sale, do not buy it! Check out the Discord and communicate with community leaders if you wish to participate in the project.
Assets forfeited through bonding are accumulated in the Reverseum Treasury for the protocol's benefit. The assets will be actively managed to maximize their efficiency by community Governance. An example of this process would be as follows:
A protocol's user proposes a strategy in which 10% of the treasury assets are deployed on a yield generator and the profit generated is used to support DCA'ing into Ethereum as the price recovers.
A discussion is generated and if the sentiment is positive, a fair and decentralized Governance proposal based on Snapshot strategies will take place.
If the proposal passes, the assets of the treasury will be deployed accordingly, following the strategy of the previously approved proposal.