Your balance of RAKET tokens increases overtime.
Each time you make a transaction, 1% is redistributed to all RAKET token holders.
The RAKET token is also deflationary. From each transaction a 1% fee is deducted and sent to a deflation contract or burn address. This process lowers the circulating supply overtime.
As the circulating supply decreases, the scarcity of the token increases. This inversely proportional relationship constitutes a supply and demand model.
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The RAKET token comes with efficient native dual chain communication; Optimized for scaling high-performance dApps that require fast and smooth user experience.
The RAKET token was built on the Smart Chain as a cost-effective alternative to allow transactions between dApps to be cheeper.
The double-sign detection and other slashing logic guarantee security, stability, and chain finality.
Distributed with on-chain governance: Proof of Staked Authority brings in decentralization and community participation.