The new cryptocurrency token is a non-inflationary community based Token running on the Ethereum blockchain that was created to incentivize people who already hold tokens, by giving them additional tokens as interest.
Nordrhein-Westfalen, Germany, 14th Feb 2022, ZEXPRWIRE, A new cryptocurrency named Raccoon / RAC has been launched ahead of its live pre-sale ICO (Initial Coin Offering). Described as a non-inflationary community-based Token by its creators, Raccoon / RAC token was made to help people achieve true financial freedom. The new token incentivizes people who already hold tokens, by giving them additional tokens as interest.
“We created this new token to help community members achieve true financial freedom. RAC token is unique and different from all other cryptocurrency tokens currently on the market. This revolutionary token will redefine what it means to hold tokens by giving holders additional tokens as interest.”
As the adoption of cryptocurrencies, and blockchain technology in general, continues to increase, so also is the need for finding the right tokens to invest in. Recently, one of the most popular cryptocurrency tokens – Bitcoin, witnessed a massive reduction in value, leaving a lot of investors with huge losses.
As an alternative to the conventional coins, Raccoon’s standout feature is a weekly airdrop for its owners willing to lock away a self-determined amount of their RAC for seven days. The developers have further revealed that for every transaction made, Raccoon will transfer 1% of the sum to a token pool without charging the owner.
At the start of every weekly pool cycle, RAC holders will have an eight-hour time frame in which they can define the share of tokens they are willing to safely lock away for the next seven days. The token pool will fill over seven days and each participant will receive their locked away amount, plus their proportionate share of the token pool, at the end of the week. The total amount received by each holder from the pool will be determined by the share of tokens initially locked away.