Token Utility
A simple, sustainable token utility model that powers GPU rentals with built-in user discounts and automatic token burns, designed to align platform growth with long-term token value.
Overview
The Retex Token (RTX) is integral to the Retex GPU ecosystem, serving as the primary medium for transactions and value exchange. Designed with simplicity and sustainability in mind, the RTX token model ensures:
User Incentives: Immediate benefits for users who transact using RTX.
Deflationary Mechanics: A decreasing token supply over time, enhancing token value.
Platform Sustainability: A revenue model that supports ongoing development and operations
Core Principles
10% Discount on GPU Rentals with RTX:
Users who opt to pay for GPU rentals using RTX receive an immediate 10% discount on their transaction.
No staking or holding requirements.
Instant application at the point of payment.
Encourages adoption and circulation of RTX within the ecosystem.
SOL/USDC
$100
0%
$100
RTX
$100
10%
$90
2–5% Burn on Each RTX Transaction:
To promote a deflationary token economy, a 2–5% burn is applied to every transaction made with RTX.
Reduces total supply over time.
Increases scarcity, potentially enhancing token value.
Burn rate is deducted from the transaction amount, not the platform's revenue.
Example:
A user pays $90 in RTX after the 10% discount.
2–5% of the $90 (i.e., $1.80 to $4.50) is burned.
The platform receives the remaining amount.
3. 100% Revenue Retention by the Platform:
Retex retains 100% of the revenue from transactions, ensuring:
Financial sustainability for platform operations and growth.
No revenue sharing or dilution through staking rewards.
Simplified economics, focusing on real utility and value.
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