# Tokenomics

### REV Token Details

* Total Supply: 350 Million REV
* Blockchain: Initially planned for Ethereum (ERC20 standard)
* Token Type: Utility token designed for platform rewards and fee reduction

**Token contract:** [0x93D91003aF5e6beffD574036F98d166c12AE6E32](https://etherscan.io/token/0x93D91003aF5e6beffD574036F98d166c12AE6E32)

<div data-full-width="false"><figure><img src="https://1659783272-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQFNXhsprIobb2EbhbuWu%2Fuploads%2FDqhobqHoBPP5xolee3QZ%2FFrame%201948753920%20(2).png?alt=media&#x26;token=ccde3a35-6866-41fb-b9b2-6b90f09c1afa" alt=""><figcaption><p>Token distribution</p></figcaption></figure></div>

### Token Distribution

Team 15% (52.5 million REV)

Investors 20% (70 million REV)

Ecosystem 15% (52.5 million REV)

Liquidity and Operators 50% (175 million REV)

### Token Emissions

All lockup periods will be announced after the token generation event. Lockup periods restrict the ability to sell or transfer tokens for a specified duration. The details of any lockup periods, including their lengths and the percentage of tokens subject to lockup, will be communicated to all participants following the completion of the token sale. Participants should be aware that their tokens may be subject to lockup restrictions even if such details are not available prior to the token generation event.

The cliff period will be measured from the first observable 00:00:00 GMT following the token-generation event. \*The token-generation event is to be carried out by an independent Issuer, and at its sole discretion as a part of its business operations, and its precise date & time are not known in advance.

### Token Utility

#### **Booking Discounts**

Guests can use REV to redeem stays

#### **Fee Avoidance for Hosts**

Hosts can hold REV to meet the QHT threshold and avoid hosting fees

#### **Rewards Distribution**

REV distributed to users based on platform activity

Distribution occurs upon successful completion of bookings

#### **Timeboxing Rewards**

Users can lock their REV tokens in a "Time Box"

Timeboxed tokens are eligible for additional rewards

Rewards are distributed based on the duration of the timeboxing period

Enhances token utility and encourages long-term holding

### QHT (Qualified Hosting Tokens)

* Dynamic threshold for hosts to avoid fees
* Initially set at 1,000 REV
* Adjusted quarterly based on platform growth

### Market Mechanics

* REV is bought from the market or taken as a fee for each booking&#x20;
* REV price determined by 60-minute Time-Weighted Average Price (TWAP)
* Platform may rebalance treasury through market interactions
* Designed to create a sustainable token economy with tight supply and transparent distribution

### Timeboxing Mechanism

#### Purpose: To incentivize long-term token holding and platform engagement

#### Process:

1. #### Users choose to lock a portion of their REV tokens in a Time Box
2. #### Tokens are locked for a specified period, during which they cannot be unlocked or used
3. #### Locked tokens earn additional REV rewards
4. #### Reward rate may vary based on the duration of the timeboxing period

#### Benefits:

* #### Reduces token velocity and potential market selling pressure
* #### Provides additional value to token holders
* #### Aligns user interests with long-term platform success

#### Host Considerations:

* #### Timeboxed tokens still count towards a host's QHT threshold
* #### Allows hosts to earn additional rewards without losing their fee exemption status
