Ah, the world of cryptocurrency! A veritable smorgasbord of assets, each vying for the affections of investors. And what, pray tell, is the secret sauce that makes one token more desirable than another? Why, it’s all about “utility,” darling! 💁♂️
Token utility, my dear friends, is the delightful term we use to describe the myriad of functions a token performs. The more it can do, the more it’s worth! So, if you’re holding a token that’s as useful as a Swiss Army knife, you’re in luck! 🥳
Enter iExec, the dashing startup that’s decided to sprinkle some fairy dust on its native RLC token. Last week’s Tokenomics Week was a veritable parade of updates, all aimed at boosting RLC’s utility. And no, it wasn’t a stuffy conference; it was a series of announcements on X that had everyone buzzing! 🐝
5 days. 5 new ways to use & earn $RLC. Make sure you’re watching.
— iExec RLC (@iEx_ec) May 19, 2025
What is iExec?
a new voucher scheme for application builders! Instead of the usual token-buying rigmarole, users can now purchase vouchers for guaranteed computing resources. And some lucky projects even get them for free! It’s like Christmas in May! 🎄
Tokenomics Announcement 2: The iExec VoucherFrom a dev’s first line of code to every time a user runs the app, $RLC circulates. This is how devs should interact with utility tokens.
— iExec RLC (@iEx_ec) May 20, 2025
But wait, there’s more! Day three unveiled a revenue-sharing model that’s as sweet as a slice of cake. Fees from voucher sales will flow back into the ecosystem, rewarding both builders and users. It’s a win-win, darling! 🎉
Tokenomics Announcement 3: $RLC Revenue SharingBuilders use RLC. Users engage with apps. Revenue flows back through the ecosystem. This is how a circular token economy is built.
— iExec RLC (@iEx_ec) May 21, 2025
And for those holding RLC, there’s a new staking initiative that’s positively delightful! With the Privacy Pass, users can earn RLC just for viewing marketing emails. The more you hold, the more you earn! It’s like finding money in your coat pocket! 🧥
Tokenomics Announcement 4: $RLC StakingThe more RLC you hold, the greater your rewards across the ecosystem. We’re starting with a new mechanism for the iExec Privacy Pass.
— iExec RLC (@iEx_ec) May 22, 2025
And let’s not forget the grand finale: a new incentive program for builders focused on privacy applications. The more sensitive data they protect, the more RLC they unlock. It’s a match made in heaven! 😇
Tokenomics Announcement 5: Builder IncentivesEarnings scale with your impact. The more your project contributes to the iExec ecosystem, the more $RLC you unlock.
— iExec RLC (@iEx_ec) May 23, 2025
What’s Next For iExec?
Now, let’s be honest, there were no shocking revelations during Tokenomics Week. Anyone with half an ear to the ground knew what was coming. But credit where it’s due, iExec has moved faster than a cat on a hot tin roof! 🐱👤
iExec is determined to expand RLC’s utility and make it as accessible as a cup of tea. With plans to list RLC on more platforms, we can expect new listings to pop up like daisies in spring! 🌼
And with a new 1 million RLC developer fund, the future looks bright for those daring enough to take advantage of iExec’s infrastructure. So, keep your eyes peeled, darlings; the best is yet to come! 🌟
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2025-05-25 12:42