RQYVE Coin

The term "Coin" refers the Crypto industry-wide conventional marketing term of a full scale project. RQYVE is a Layer 2 smart contract, and therefore technically a token by strict definition.

• Proof of Stake (PoS):

The means for securing the blockchain. And for stakeholders above the threshold of 5 million tokens (a "Collection"), there will be a rewarded PoS protocol implemented. The reward will be issued at a approximate rate of 18% APY in the equivalency of RQYVE+ Reward tokens. (See Roadmap section) The rate of reward will not be paid by issuance of new tokens, but rather from the RQYVE Reserve in the form of RQYVE+ tokens.

• Verification Bonus:

As the platform develops, there will be implementation of our Verification Protocol, which will pay tokens to participants for using our mobile app. Further details will be supplied once the technology is fully tested and implemented. (See Roadmap section)

• Coordination Bonus:

For all Token holders, our Coordination Protocol will pay tokens to participants for coordination of documentation. Further details will be supplied once the technology is fully tested and implemented. (See Roadmap section)

• Taxation:

A 2% purchase tax and 3% sales tax are implemented to fortify the RQYVE Reserve for Marketing, Staking and Bonuses.