Reya has created something cool on Ethereum ... It's not just a basic decentralized exchange ... it's a whole system that mixes trading with smart token rules
For every perpetual trade, there's a fee
A big chunk of those fees goes into an "Assistance Fund."
This setup is smart because more trading means more money in the fund, which creates stronger buyback pressure
It directly connects users' trading to the token's value. It's better and more long-lasting than old-school DEX ways, like just handing out fees or burning tokens.
It ties token holders and traders together more tightly
This isn't just about propping up the token ... it's about making a self-running trading world
But its long-term success hinges on user activity and how well the market likes it ... If trading volume stays low, the buybacks won't do much
Token rules are only part of it... @reya_xyz also needs to attract real trading, good liquidity, and lively ecosystem vibes. It needs active users to keep everything lively amd active ... that's key, and it'll really show if the team can deliver
The design is fun to watch, but I'll be keeping an eye on activity levels and how the ecosystem connects over the next few months
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Reya has created something cool on Ethereum ... It's not just a basic decentralized exchange ... it's a whole system that mixes trading with smart token rules
For every perpetual trade, there's a fee
A big chunk of those fees goes into an "Assistance Fund."
-> This fund then buys back tokens:
80% in $REYA and 20% in $ETH
This setup is smart because more trading means more money in the fund, which creates stronger buyback pressure
It directly connects users' trading to the token's value. It's better and more long-lasting than old-school DEX ways, like just handing out fees or burning tokens.
It ties token holders and traders together more tightly
This isn't just about propping up the token ... it's about making a self-running trading world
But its long-term success hinges on user activity and how well the market likes it ... If trading volume stays low, the buybacks won't do much
Token rules are only part of it... @reya_xyz also needs to attract real trading, good liquidity, and lively ecosystem vibes. It needs active users to keep everything lively amd active ... that's key, and it'll really show if the team can deliver
The design is fun to watch, but I'll be keeping an eye on activity levels and how the ecosystem connects over the next few months
gReya ✌️