🐠Roselle Economic Model

Roselle is a platform token for RosSwap and the NFT trading market, and a value token with product support

boot directory

Introduction

Roselle is a platform token for RosSwap and the NFT trading market, and a value token with product support

origin

Completed through multiple collateral mining

• Wfon-Usdt LP pledge mining

• NFT staking mining

• NFTs pledge mining

• Wfon native currency pledge mining

Total

2.1 million mining cycle: 5184000 block mining ends

Mechanism rules

Transaction fee: Roselle contract has been open sourced，The maximum cap rate is 10% (not unlimited)

The contract’s open source code lines are 1363-1375, and the code clearly states value <= 10

```sol
 function setBaseFees(uint256 value) external onlyOwner {
        require(value <= 10, "max base fee is 10");
        baseFees = value;
    }

    function setBuyFee(uint256 value) external onlyOwner {
        require(value <= 10, "max fee is 10");
        buyFees = value;
    }

    function setSellFee(uint256 value) external onlyOwner {
        require(value <= 10, "max fee is 10");
        sellFees = value;
```

Fluidity（WFON-Roselle）

• Buy rate：5% • Selling rate：5%

Fluidity（Roselle-USDT）

• Buy rate：5% • Selling rate：5%

• Roselle Transfer rate：5%

Conditions of release

The generated rate will first enter the temporary storage of the Roselle token contract

When 10 Roselle are accumulated, it will be automatically executed by the contract

• 37% of Roselle's liquidity is converted to WFON

• 62% of Roselle will be burned

• 1% of Roselle will be added to the Roselle-Fon flow cell

Distribution method of WFON rewards

Allocate the prize pool that will be accumulated

(UTC16:00) Daily distribution

30% of WFON in each distribution prize pool

30% bonus

Proportion: 60% for allocation to the market

40% will be transferred to the black hole to destroy FON

60% of the rewards will be accumulated (during the trading airdrop activity) and distributed in the form of trading airdrops

Ecological Development Fund 23% The ecology will better operate and build Roselle

Precautions

Participating in Roselle ecological pledge is free, and you can get back your pledged assets at any time

Automatically inject liquidity, the default is to inject the liquidity that is automatically injected into WFON-Roselle

If you need to remove WFON-Roselle, it is recommended that you choose to remove and switch to the WFON window to avoid secondary charges

Risk warning:

Trading virtual assets and virtual asset derivatives, the price fluctuates greatly and the risk is relatively high. Please fully understand all risks and make prudent decisions before participating.

The team reserves the right, at its sole discretion, to modify, change or cancel this content for any reason at any time without prior notice. The above information content is for reference only.