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Frequently Asked Questions
RimauSwap Rebooted is the first DeFi Public Benefit Project (PBP) on Binance Smart Chain with Appreciation Intensive Tokenomics & DeFi Farm funded Sustainable ESG to help the underprivileged, starting from the ASEAN region.
As the name suggested, V1 refers to version 1 of RimauSwap. It aimed to be the preferred Local DEX for a specific country, benefitting the underprivileged community.
It has been 'rebooted' with expanded scope benefitting the underprivileged in the ASEAN countries instead of just one specific country; and with a leaner and more direct approach in establishing RIMAU DeFi Farm.
It refers to a for-profit project that intends produce public benefit. The project community think and do beyond profit and care deeply about changing lives sustainably with DeFi and Cryptocurrencies.
Proceed from RIMAU Farm Pool are then channeled to:
Active buybacks of RIMAU tokens from open market and send them for burning (remove from circulating supply) makes RIMAU a deflationary digital asset. Reducing circulating supply will push value of RIMAU up over time.
Supporters (holders) of RIMAU benefits from token value appreciation over time; and the project ongoingly buys back RIMAUs with proceeds from RIMAU Farm Pool also means holders can exit at his/her target price without liquidity issue --even when no one is buying RIMAU, the project is still buying back from market for burning.
Every month, selected underprivileged communities from countries in ASEAN region will receive 1,000 kilogram of white rice contribution from RimauSwap Public Benefit Project.
By holding RIMAU tokens, you are:
By making RIMAU a deflationary asset through token active token buyback from the market for burning.
As RIMAU Farm Pool grows bigger, so is the proceed it generates; and also token buyback from the market for burning. Reducing token circulating supply naturally results in token value retention & appreciation over time.