Benefits

Win/Win

The benefits for a "dead" project, gaining 15% extra tokens and now being part of a growing vibrant project are clear. Here we'll explain further the benefits to Reaper and address a few issues.

Once the initial 10% Rewards Pool has been depleted, future rewards to "dead" projects will come from a 8% Sell Tax on the Reaper Token. Projects will only be onboarded if there are funds available to do so.

We will be therefore doing periodic BuyBacks of the Reaper token using the Ethereum collected from the sell tax, and using these tokens as the rewards for onboarded projects. This means that, although the onboarded "dead" projects are getting 15% more token, even if every last one of them sold (highly unlikely), the overall effect on the Reaper price, market cap and holder count would be neutral. Some will of course sell once they have their bonus, it's crypto after all, but the ones that stay will help to boost the Reaper price and increase our holder and community numbers.

It's the ideal Win/Win for both Reaper and on the onboarded community.