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VIVAL (VIV), the governance token of the REVIVAL DeFi ecosystem, was created with the intention of rewarding holders while also supporting expansion into the wider centralised crypto-sphere. The adoption of a governance token allows the REVIVAL team to create a product intended for use on centralised exchanges and as a compliment to the RVL token for the project's staking platform. This allows users to stake the VIV they earn to create more rewards in RVL, or sell the VIV they earn on the market.
VIVAL is intended to create a foundation for the REVIVAL DeFi dApp and will allow holders to have more sustainable passive income options. In time, VIVAL will play a core role alongside REVIVAL to allow voting systems and project governance to take place within the REVIVAL DeFi ecosystem.
referencePosted on 01 Nov 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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