Rollbit Coin rlb
What is Rollbit Coin?
Rollbit Coin (RLB) is Rollbit's utility token for its crypto-gambling, trading and NFT ecosystem. It was distributed via free airdrops rather than an ICO. Its primary use is entry into the RLB Lottery.
What problem does Rollbit Coin solve?
RLB connects Rollbit platform activity and stated revenue sharing to an on-chain token. The lottery gives users a recurring staking mechanism and prizes funded by casino profits.
How does Rollbit Coin work?
Users stake RLB for lottery rounds every 100 Bitcoin blocks. Rollbit states 20% of casino profits funds prizes (70:30 regular/jackpot). A 0.20% staking fee applies, with half burned and half to Rollbots.
Key facts
- Ticker: RLB
- Initial supply: 5 billion
- Solana original; Ethereum ERC-20 representation
- Lottery utility
- 0.20% staking fee with burns
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Frequently asked questions
What is RLB used for?
Staking and entry in Rollbit's lottery.
Was RLB sold in an ICO?
No. It used free airdrops.
External trackers
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