While many know Rollbit as a trading platform that offers significant (and somewhat irresponsible) leverage of up to x1000, It is actually a full-fledged casino with traditional gambling games including popular ones like roulette and blackjack.
The native token of the Rollbit gaming platform is known as Rollbit Coin ($RLB) which has the ability to revenue share, reduce trading fees, and enter RLB-specific lotteries. Although Rollbit Coin initially made its debut on the Solana blockchain, it later migrated to the Ethereum blockchain in late June.
Despite having a fixed supply of 5 billion tokens, the market already has over 3 billion $RLB tokens in active circulation. As such, the founder of Rollbit, known as @Lucky_Rollbit, introduced updated tokenomics for the $RLB token which introduces a robust burning mechanism that benefits from substantial portions of the platform's revenue. The efficacy of this mechanism can be observed through a live tracker available on Rollbit's website, showcasing its success in eliminating close to 2 billion tokens from the circulating supply. Show Less
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