📪$Revive

Revive token ($RV) is a stablecoin that is pegged 1:1 to the USDC stablecoin. It is designed to maintain its price stability and appreciate in value over time, with intrinsic deflationary mechanisms to ensure its value increases with every buy, sell, and transfer. The token utilizes a fully collateralized system, with 100% of the token's value backed by USDC.

Here's a breakdown of the fee and deflationary mechanisms for the Revive token:

• Built in overcollateralized algorithm that distributes the tax on buys, sells, and transfers to alter the ratio between the Revive token and the USDC backing it, in favor of the backing asset. This ensures that every transaction, whether it's a buy, sell, or transfer, increases the token's value relative to its underlying USDC backing asset.

• Buys: When someone buys Revive tokens, they will receive the full amount of tokens they paid for, and a percentage of the purchase amount will be taxed. The number of tokens created will be:

nTokens = (purchase amount - purchase amount * tax) / $1

This means that the amount of Revive tokens created will be reduced by the tax percentage, which is then burned to decrease the token's overall supply.

• Transfers: When someone transfers Revive tokens to another wallet, a percentage-based fee is deducted from the transfer amount, and the remaining tokens are transferred to the recipient's wallet. The number of tokens transferred will be:

nTokens = (transfer amount - transfer amount * tax) / $1

This means that the amount of Revive tokens transferred will be reduced by the tax percentage, which is then burned to decrease the token's overall supply.

• Sells: When someone sells Revive tokens, the tokens are burned and the seller will receive the equivalent amount of USDC in return, minus a percentage-based fee that is taxed. The amount of USDC redeemed will be:

nUSDC = (sell amount - sell amount * tax)

This means that the amount of USDC redeemed will be reduced by the tax percentage, which is then added to the USDC backing the token to increase its value.

With these deflationary mechanisms in place, the Revive token is designed to maintain its peg to the USDC stablecoin while also increasing in value over time.